Emerging markets will have sharply different characteristics in the next ten years than they had in the last, and investment strategies will be reshaped in the context of “divergence”, according to Jeff Shen, BlackRock’s head of emerging markets.
Category: News
Amundi paints positive outlook on Asian equities
Improving growth in the US and Europe, supported by a benign global interest rate and liquidity scenario, makes Asian equities attractive, according to French asset manager Amundi.
PIMCO appoints EM Asia portfolio head
PIMCO has appointed Luke Spajic, an executive vice president and portfolio manager, to lead the firm’s emerging markets Asia portfolio management.
Salisbury Securities directors given life bans
Two former directors of Salisbury Securities have been given a life ban from the industry after they used client investments for personal and business expenses.
Retail investors lack mutual fund knowledge
A survey of 4,000 retail investors in China, Hong Kong, Taiwan and Singapore revealed that about 40% do not know what mutual funds are, according to research firm Cerulli Associates.
JP Morgan AM Steven Billiet
JPMorgan Asset Management aims to strengthen its partnership with distributors and look at adding funds to their platforms as the firm expands in Singapore, said Steven Billiet, chief executive officer.
Mercer Steven Seow
Regulations, competitive pressures and demographic change are impacting the way private banks in Asia operate, said Steven Seow, Mercer’s head of wealth management in Asia.
Mirae Asset betting on Asian consumption theme
Asia’s growing population of consumers with disposable income has led Mirae Asset Global Investments to adopt an overweight view on the consumer discretionary sector, said Rahul Chadha, co-chief investment officer.
Asset manager funds cancer treatment
Asset manager American Century Investments, which channels 40% of its profits into medical research, has helped fund a potential breakthrough in the treatment of inoperable cancerous tumours, the firm said.
Hong Kong trading suspensions
Several Hong Kong authorised funds have companies in their top ten holdings that have been under trading suspensions imposed by the Hong Kong Stock Exchange.
