STORIES YOU MAY HAVE MISSED THIS WEEK
People moves
Ninety One, previously Investec Asset Management, has strengthened its emerging market fixed income team in Asia with the relocation of Alan Siow, a fixed income portfolio manager, to Hong Kong from London. Siow joined the firm last June and was previously at Bluebay Asset Management, Alchemy Special Situations and Citigroup Solomon Smith Barney, specialising in emerging markets and fixed income investments…
La Salle Investment Management has appointed Brian Klinsiek as London-based head of European research and global portfolio strategies, effective 15 September. He will take on a leading role in helping set the firm’s global strategy outlook, relative value assessments and portfolio strategies. He is also expected to work closely with the firm’s global clients and portfolio managers in developing and implementing investment strategies. Before La Salle IM, he was Heitman’s Hong Kong-based director for strategy and research operations, where he focused on the firm’s global portfolio strategy…
Investors
Fifty-eight percent of investors in Hong Kong have continued to invest in markets despite the market uncertainty caused by Covid-19, compared with 54% of global investors, according to a survey conducted by Calastone. Investors in the US are the most bullish, with 65% of them indicating that they have continued to invest. The study also revealed that 41% of investors in Hong Kong were actively making new investments in light of the pandemic, looking to capitalise on the continued market volatility…
Fund ratings
Morningstar has launched its Analyst Ratings for mutual funds in the China mainland, which will initially include 80 rated China-domiciled and China Securities Regulatory Commission-approved opend-ended funds. The Morningstar Analyst Rating for funds in China is five-tiered with three positive levels – Gold, Silver and Bronze – in addition to Neutral and Negative Ratings. In determining coverage, the firm’s analysts evaluate a fund’s investment merit and take into consideration investor demand across the main asset classes. The analyst rating for funds in China is available to Morningstar’s institutional clients through its flagship software, Morningstar Direct…
