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.
Category: News
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.
High yield China CoCo bonds require caution
Chinese banks are offering contingent convertible bonds that can provide yield similar to high yield property products, but carry commensurate risk that isn’t always obvious, said Martyn Simpson, principal at Mercer in Singapore.
Nikko AM makes 3 senior hires
Nikko Asset Management has made three senior hires covering sales in North Asia, client development in the Middle East, Africa and Asia and consultant relations on a global basis.
HSBC China multi asset fund
HSBC Global Asset Management is launching a multi-asset China-focused fund that will partly invest through the Hong Kong-Shanghai stock connect.
Equities dominate Asian SWF portfolios
Asian sovereign wealth funds have a dominant portion of their portfolios in equities, according to research by Cerulli, which expects the trend to continue.
Stock connect to launch in one week
Authorities in Hong Kong and China have approved the launch of the Hong Kong-Shanghai stock connect pilot scheme, setting the start date for November 17.
Hong Kong protest fears not playing out
Ongoing pro-democracy protests have not degraded the territory’s economy or financial industry, contradicting the grim predictions of the big four accounting firms.
