Dragon Boat holidays; Random thoughts; Soros on Gold; Tech bounce; Blackrock on income and much more.
Category: News
Morningstar Asia fund reviews and re-ratings – May
Downgrade for HSBC; upgrades for Fidelity; coverage initiated on funds from JPMorgan and Schroders.
Ex-HSBC PB strategist joins UCA
Benjamin Pedley has been appointed as investment director at UCA Funds Management.
Asia sovereigns show high average yield
Government bonds in certain Asian countries are an option for investors seeking yield, according to Amanda Stitt, Legg Mason Global Asset Management’s investment director.
China grants huge RQFII quota to US firms
For the first time, China has granted US asset managers an RQFII quota, which totals RMB 250bn ($38bn).
Fund selectors warm to Asian equities
Surveys conducted at the FSA Growth Forums in Singapore and in Hong Kong suggest where the region’s fund selectors may allocate over the next 12 months.
Index wrappers don’t show what’s inside
Geographic exposure as defined by indices is becoming much less relevant when constructing a portfolio, said Capital Group investment director Andy Budden.
HSBC overweight EM equities
A cautious US Federal Reserve, stabilisation of oil prices and accommodative monetary policies are among the factors expected to drive EM equities, according to HSBC Private Bank.
CSRC exits signal shakeup
The China Securities Regulatory Commission has lost five senior officials recently, according to mainland media.
Sovereign debt with negative rates at $10.4trn
The amount of global sovereign fixed income with negative interest rates is up 5% since the end of April, according to Fitch Ratings.
