Asset Class in Focus
Will Stratton Street’s RMB fund draw mainland money?
As China further relaxes capital controls, the demand for renminbi-denominated investments outside the mainland should grow, argues Stratton Street’s Andy Seaman.
For dividends in Europe, seek cyclical stocks, says JPM
Rising interest rates and inflation have shifted the dividend opportunity to the financial and energy sector rather than traditional defensive stocks, said Thomas Buckingham, London-based portfolio manager at JP Morgan Asset Management.
Asia’s fund selectors intend to stock up on EM bonds
Fund selectors in Hong Kong, Singapore, Thailand and Malaysia plan to add to their allocation to emerging market bonds in the next 12 months, according to forward-looking data collected by FSA.
Is the decade-long global expansion nearing its end?
The global expansion is either nearing its demand-driven peak or in the early stages of a supply-driven renaissance, according to Joachim Fels, Pimco’s global economic adviser.