The fund will invest in a range of Asia ex-Japan fixed income securities with no sector limitations. Through a top-down macro assessment process, the fund will invest in hard and local currency debt, sovereign and corporate debt, the firm said. “Following a growing emphasis on Asian bonds within the global strategy, the decision to launch […]
Tag: Asia
Survey: Global demand for income products highest in Asia
Nearly 94% of respondents in Asia and an equal number in the UAE showed interest in income generating products, according to the global investment trends survey. On a global basis, the corresponding number was 87%. “This is a trend that has been gathering momentum due to interest rates remaining low in many countries around the […]
BMO clusters ETFs to offer portfolio strategies
Prakash said BMO is not putting funds together, but portfolio strategies that are actually implemented by the intermediaries. “The implementation happens with respect to the intermediary using their platform and clients benefit from the asset allocation decision. We would work with intermediaries so they are able to offer this to their client base.” ETFs have […]
Multi-asset is a contender for income needs, says Schroders
Generating income when yields are at historic lows is no longer as simple as investors believe it once was, he said. A typical approach in Asia has been to focus on a split between Asian high-yield bonds and Asian dividend stocks, Pang said. However, the yield on offer is not commensurate with the volatility in […]
HEAD-TO-HEAD: BlackRock Asian Dragon vs Investec Asian Equity
Further easing measures are expected as current economic indicators in China have not improved, AXA Investment Managers and Schroder said recently. Separately, Schroder’s recently cautioned on the overheating in China’s market while BlackRock said it would prefer a selective investment approach following the surge in A- and H-shares. In India, managers like Franklin Templeton said they expect Indian markets to rise as […]
The HKG government plans another sukuk bond
In connection with a potential second US dollar sukuk, the government said it has given several mandates. HSBC and Standard Chartered Bank are joint global coordinators, joint lead managers and joint bookrunners, and CIMB and National Bank of Abu Dhabi PJSC are joint lead managers and joint bookrunners. This month, the parties will arrange a […]
Edmond de Rothschild’s Hong Kong CEO quits
The bank confirmed to Fund Selector Asia that Chan has resigned, but said she has not yet left the firm. No further details were disclosed.
OMGI continues Asia push amid tough competition
New fund launches, additional staff and Hong Kong-domiciled funds are part of the plan as the firm continues an aggressive Asia expansion, according to Warren Tonkinson, head of distribution.
Asia could have capital outflows-Aberdeen
The prospect of a US rate hike and a stronger dollar could result in fund outflows from Asia in the near term, Young said, in an interview with Fund Selector Asia. “While higher US interest rates will likely damage short-term sentiment and money will flow out of Asian emerging markets, the long-term investment rationale remains intact.” […]
Survey: HNWIs reliant on online advice know the least about finance
The gap between perceived versus actual financial knowledge has driven Asian high net worth individuals to increase their investment knowledge, according to the M&G Asia wealth barometer. While wealth managers are the number one resource (55%) for sourcing investment ideas and information, digital media (48%) and friends and family (48%) also followed closely. But investors […]
