Fixed income markets are experiencing volatility with worries over a rate rise, but Western Asset Management believes high yield has a place in a diversified portfolio and sees investment avenues in China and India.
Category: News
US and EM valuation split
A large valuation gap between emerging markets and the US is mainly sentiment-driven, creating opportunities to selectively pick next-cycle winners, said Joshua Crabb, head of Asian equities at Old Mutual Global Investors, who was plucked from BlackRock in September.
Asian markets resilient to US rate hike
While global investors deliberate on pulling capital out of riskier emerging markets in the run up to a US rate hike, Aberdeen Asset Management is confident that Asian markets will prove resilient.
Nasdaq interest sparked by stock connect
Nasdaq intends to build partnerships, roll out education efforts and convince Asia’s retail investors to take exposure to exchange traded funds, said Rob Hughes, head of index and advisor solutions at Nasdaq.
Room for disappointment in ASEAN high
Rich valuations and high investor expectations in ASEAN markets, combined with expected slowing growth, have created room for disappointment, said Hozefa Topiwalla, managing director at Morgan Stanley.
Absolute return appetite emerging
Volatility in global markets has nudged private bank clients toward absolute return type funds, said Edmund Yun, executive director, head of investment for Asia at BMO Private Bank.
BMO Fund houses coming to Asia
Offshore fund houses attracted by the growing wealth in Asia are setting up in the region, but not all distinguish themselves from competitors, according to BMO Private Bank’s Edmund Yun.
BlackRock on Stock Connect
BlackRock Asset Management sees investors getting access to a wider range of mid-cap stocks in China’s consumer discretionary, consumer staples and industrial sectors through the Hong Kong-Shanghai Stock Connect, said Helen Zhu, head of China equities.
Top performing funds with India exposure
Indian indices have been surging this year, with global investors pouring money into stocks on expectations of reforms from the new government led by Prime Minister Narendra Modi. Which funds lead the pack?
Asia high yield offers safe haven
Global interest rates are likely to remain low for a “considerable period”, according to Aviva Investors, and certain factors suggest Asian high yield is preferable to comparable US products.
