Oil price concerns and a weak economic outlook in the Middle East and North Africa are factored into the region’s equity valuations now, according to Franklin Templeton Investments.

Oil price concerns and a weak economic outlook in the Middle East and North Africa are factored into the region’s equity valuations now, according to Franklin Templeton Investments.
While there is little room for significant increase following last year’s fiscal expansion, monetary policy will continue to play a part in China.
Credit Suisse is to eliminate another 2,000 jobs and make an additional CHF800m (£576.1m, $824m, €733.8m) in cost savings, as it accelerates the pace of its restructuring following disappointing results in the final quarter of 2015.
Gold outperformed most other assets as global equity markets took a beating at the start of 2016, according to State Street Global Advisors.
But oil price movements are no longer the key indicator of global economic development they once were, argues M&G.
Volatility will continue in China, but certain aspects of structural growth are still creating good investment opportunities, argued Yu Zhang, lead manager of the Matthews China Dividend Fund.
Interest is in robo-advisors and blockchain-enabled capability around asset management, according to a KPMG report.
Singapore’s DBS Group is reported to be the front runner to buy Barclay’s Hong Kong and Singapore private wealth units, reports the Straits Times.
In 2015, Asia wealth management income rose while other regions were down.
Senior moves in the regional sales team have been confirmed by Jupiter Asset Management.
Part of the Mark Allen Group.