FSA has reviewed the week’s research notes and selected a few that we believe stand out from the rest. Click on the image of the report to access the PDF.
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 MSCI Chinese A-share inclusion, this time is different! One of the Amundi China A-shares on the MSCI A-share inclusion was from Mo Ji, chief economist for Asia ex-Japan. She argues that the move was symbolic yet historical. The note is easy to read, covers all key facts and has reasoned opinion and data. |
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 Alternatives 2017 BNY Alts 2017 as a diversifier from traditional equity and fixed income exposure. BNY’s alternatives report makes investment arguments for a wide variety of alts asset classes — collateralised loan obligations (CLOs), farmland, infrastructure, private equity, real estate, etc. |
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Alternative Assets: The Path to Transparency More on alts. The degree of transparency tops investment policy, fees and other issues in importance for investing both traditional and alternative assets, the report argues. It discusses why and how transparency can be achieved in alternative investments. |
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Millennials − the global guardians of capital “This generation looks set to benefit from one of the largest intergenerational wealth transfers ever, carried out over a comparatively short timeframe,” according to the report. By 2020, the total net worth of global millennials is expected to grow to $19–24trn. Wealth managers need a good understanding of this client segment. The report examines and debunks commonly held assumptions about millennials, analyses the impact of technology on their behaviour and notes their growing concern for public good. |
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New channels for old favourites As interest rates rise, real estate investors in Asia-Pacific have shifted from a capital appreciation strategy to investing for yield spread, according to the 28-page report. Australia and Japan, the two countries with the highest commercial yield spread in Asia Pacific, topped the list of preferred investment destinations. |
