There is more risk in investment grade ratings than in high yield defaults, according to Matt Eagan, vice president portfolio manager for Loomis Sayles fixed income group.
Category: Asset Class in Focus
Japan equity funds tend to beat benchmarks
More domestic equity funds in Japan outperformed their benchmark indices than foreign equity funds, according to an S&P Dow Jones Indices report.
Be wary of ESG data, Templeton says
ESG disclosures from companies and data providers are backward-looking, argues Maarten Bloemen, Toronto-based portfolio manager and research analyst for global equities at Franklin Templeton Investments.
Is the energy sector a value opportunity?
Cash flow levels at energy companies are “dramatically higher”, which augurs well for stock price upside in the sector, according to portfolio manager Jonathan Waghorn at Guinness Asset Management.
Asia’s fund selectors like slumping Chinese equities
In the next 12 months, research suggests that allocations to China equity funds will be up while US and European equity product exposure will decrease, according to data collected by FSA.
Sensitive US small caps can be a wild ride
Big share price swings and vulnerability to tariffs and inflation are some of the risks for North American small caps, according to Ralph Bassett, head of US small and mid-cap equities at Aberdeen Standard Investments.
Thai investors flee fixed income
Pimco’s AUM in Thailand was down 50% this year as investors turned cold toward global bond funds, according to a Morningstar report.
Where to invest for income
The current market environment and outlook both lend themselves to a dynamically-managed, multi-asset approach to portfolios, says Maya Bhandari, portfolio manager in the multi-asset team at Columbia Threadneedle Investments.
Managers start to flag rising US-China tensions
Tariff escalation and alleged espionage by China are raising significant concerns for Value Partners, JO Hambro and UBP.
BEA Union bond manager wary of rate hikes
With 61% of her fund’s portfolio in China corporate bonds, Pheona Tsang, head of fixed income at BEA Union Investment, is monitoring rising US interest rates and the impact on Asia bonds.
