Japanese stocks rocketed to a seven-year high on Friday, while the yen plummeted after the Bank of Japan decided to further ease policy in reaction to the continuing
Category: News
GPIF from bonds to equities
Japan’s $1.2 trillion Government Investment Pension Fund plans to dramatically increase domestic and foreign equity exposure while cutting positions in domestic bonds.
Maybank floats global sukuk fund
Maybank Asset Management has launched a US dollar-denominated global sukuk fund to meet investor demand for Shariah-compliant fixed income funds.
Maybank AM Bosera AM in pact
Malaysia’s Maybank Asset Management has entered into a pact with Hong Kong-based Bosera Asset Management to jointly develop funds investing in Shariah-compliant equities within ASEAN and Greater China.
Real reforms rolling out in EM
Serious reforms in key emerging markets are ramping up and going largely unnoticed, according to Mike Sell, head of Asian investments at Alquity Investment Management.
The R word
Fund selectors and wealth management professionals attending FSA’s Fund Selector Forum last week in Hong Kong overwhelmingly said regulation is the biggest challenge facing their business.
Nikko AM takes lead in passporting Singapore fund
Nikko Asset Management has received the go ahead from the Monetary Authority of Singapore to offer a fund under the ASEAN Collective Investment Scheme.
Look beyond the bad news
At Fund Selector Asia’s Forum in Hong Kong, delegates heard that attractive opportunities can be uncovered in Europe and fears about the EU entering into a long stagnation are overblown.
Distribution challenges in ASEAN CIS
The ASEAN collective investment scheme framework will take time to gain traction as the real challenge lies in penetrating the local distribution networks, according to research firm Cerulli Associates.
BEA cautious on high yield
The low yield environment of the last couple years sent investors flocking to high yield fixed income products, up to the point where we hear about a potential bubble possibly forming, said Alfred Mak, head of investment products and advisory at the Bank of East Asia.
