China Exchanges Services Company will launch a new index series on the Shanghai-Hong Kong Stock Connect on 15 December.
Category: News
Henderson sets aggressive Asia growth targets
Over the next five years, Henderson Global Investors intends to increase the source of AUM from Asia to 15% of total from the current 3%, double regional headcount and develop local products, said Alexander Henderson, managing director, Asia.
Rethink Emerging Markets
In a sponsored viewpoint, Capital Group investment specialist Andy Budden shares five key ways to capture investment opportunities in emerging markets.
Buying bad EM stories
The emerging markets story about billions of people growing wealthier and adopting Western consumption patterns has sent valuations soaring, and it’s better to buy bad companies that can improve, argues Robert Secker, investment specialist at M&G Investments.
China interest rates cut
In an unexpected move late Friday, China cut interest rates for the first time in over two years in an effort to drive economic growth.
Hunt for yield in 2015
The search for yield and income should remain the key focus for investors in 2015 as the divergent monetary policies of the US, Europe and Japan, unprecedented since the global financial crisis, could lead to a rise in market volatility, according to JP Morgan Asset Management.
Hermes seeks strategic partnerships
Choosing to focus on Asia instead of the US market, Hermes Investment Management is eyeing local partnerships for Hong Kong-domiciled funds and may bring in some niche products from the UK, said global head of business development Harriet Steel.
LGM Investment poaches Fidelity Ma
LGM Investments, part of BMO Global Asset Management, has poached Fidelity Investments’ Stephen Ma to head Greater China equities, as the firm prepares to launch a China-focused UCITS vehicle for investors in Asia, the Middle East and Europe.
GPIF appoints PE exec
Japan’s $1.2trn Government Investment Pension Fund has appointed Hiromichi Mizuno, a partner at Coller Capital, as its first CIO following the announcement of more aggressive allocation targets.
Japan equity not expensive Schroders
Market volatility has increased since Prime Minister Shinzo Abe postponed a planned consumption tax increase and called for a snap general election, but Schroders said equity markets are supported by expected corporate earnings growth.
