The FSA Spy market buzz – 12 April 2024
Equity that is not Kool, Abrdn’s fund closures, Lombard Odier loves private markets, China’s ugly debt graph, Mountainous interest rate analogies, US housing costs, Gold smuggling, Advertising and much more.
The funds have performed well compared to the CSI 300 Index, Huang said.
Both products have continuously provided excess returns on a yearly basis, he added.
YTD 2018 |
2017 | 2016 | 2015 |
2014 |
|
Bosera Yufu CSI 300 Index |
-15.98 |
27.03 | -3.74 | 18.7 |
57.77 |
Huatai-Pinebridge Enhanced Quant Index |
-16.66 |
22.13 | -1.36 | 24.88 |
70.42 |
CSI 300 |
-18.73 |
24.25 | -9.26 | 7.22 |
55.85 |
Huang noted that the Huatai-Pinebridge may have more excess returns given its higher tracking error.
However, investors should also expect higher volatility for the Huatai-Pinebridge fund, he said.
Three-year annualised volatility (1 November 2015 – 31 October 2018)
Volatility |
|
Bosera Yufu CSI 300 Index |
18.43 |
Huatai-Pinebridge Enhanced Quant Index |
19.08 |
CSI 300 |
18.94 |
Equity that is not Kool, Abrdn’s fund closures, Lombard Odier loves private markets, China’s ugly debt graph, Mountainous interest rate analogies, US housing costs, Gold smuggling, Advertising and much more.
Part of the Mark Allen Group.