FSA presents video highlights of the ESG Morning Briefing held on 13 March at JW Marriott Hotel in Hong Kong.
Category: News
Prudential to spin-out and float M&G
Prudential has confirmed it plans to spin-out its UK investment and savings arm, allowing the parent company to focus on its business in Asia, where it generates most of its profits.
BoS: Alts crucial to diversification
Alternatives, such as hedge funds and private equity, are an important diversification tool, especially at a time when markets are becoming more volatile, argues James Cheo, senior investment strategist at Bank of Singapore.
Investec: Resources sector sees better fundamentals
Natural resources-related equities will be largely supported by stable demand and improvements in business models, argues Tom Nelson, head of commodities and resources at Investec Asset Management.
Jupiter ‘not afraid of duration’
Emerging market bonds with long duration present opportunity rather than risk, argues Alejandro Arevalo, fund manager at Jupiter AM, as additional interest rate hikes in the US this year are not likely.
China’s Jupai doubles net profit in 2017
In 2018, China’s NYSE-listed wealth manager Jupai plans to invest less in fixed income products and more in private equity and preferred shares.
Value Partners reports record profits
Hong Kong-based asset manager Value Partners has posted record net profits of HK$2.05bn ($261.5m) for 2017, almost 15 times those of the previous year, thanks to performance fees earned in the booming equity markets.
Apac ETF assets to quadruple by 2025
ETF assets in Asia-Pacific are expected to grow four times to reach $1.9trn by 2025, according to a report by Broadridge Financial.
Aviva bullish on Indonesian rupiah bonds
Despite a depreciation of the rupiah this year, Indonesian bonds have been upgraded by ratings agencies and will also be included in an international index this year, explains Stuart Ritson, head of Asian rates and FX at Aviva Investors.
Schroders launches global credit fund in HK
Brexit will likely be ‘softer’ than previously thought, UK bonds are cheap, and the firm’s global credit income fund has 20% invested in sterling denominated bonds, according to credit portfolio manager Michael Scott.
