Bill Maldonado, chief investment officer at HSBC Global Asset Management, has questioned defensive strategies as these names have become expensive in the last 12 months.
Category: Asset Class in Focus
RMB bond funds struggle despite index inclusion
The phased addition of China government bonds (CGBs) into Bloomberg’s leading benchmark index has so far failed to boost RMB dedicated fixed income funds.
Take profits in Chinese equities, Deutsche Wealth says
The bank has become increasingly cautious on the asset class due to concerns driven by the trade dispute.
Tech, emerging Europe outperform in 1H
The stragglers are funds focussed on Asia where the Sino-US trade conflict has taken the greatest toll on asset prices.
UBS WM joins the portfolio protection parade
The private bank is the latest wealth manager to essentially steer neutral, but recommend a tilt toward portfolio protection.
Lean toward income sources, says JPM AM
Fixed income and high-dividend-paying stocks provide investors some downside protection in a late economic cycle, according to the firm’s chief market strategist.
Robeco seeks safety with IG bonds
A weakening global economy and declining corporate earnings have turned Robeco SAM’s fixed income strategy defensive, according to the firm’s Singapore CEO.
Schroders: High yield shaky as growth slows
A majority of Schroders’ global credit income fund is invested in investment grade bonds.
Foggy view keeps Pictet WM overweight cash
The wealth manager also gives a sneak peek of what is inside its “Asia Leaders” discretionary mandate.
Eastspring’s call: US equities over all others
A buoyant domestic economy should support US equities, while incremental yield can be earned with Asia high yield bonds and selective carry currencies.
