The China Securities Regulatory Commission’s is cracking down on small “zombie funds”, but a rash of fund terminations remains unlikely, according to Cerulli Associates.
Tag: Asia
HSBC Global AM upbeat on Chinese equities
China is the cheapest market in the world in terms of valuations, according to HSBC Global Asset Management, which is generally bullish on Asian equities this year.
iShares captures one third of global ETF flows
BlackRock attracted $102.8bn in new inflows in its iShares business in 2014, driven by interest in its US and European products, particularly from Asian and Latin American clients.
VAM Funds taps China’s clean energy sector
VAM Funds believes China’s clean energy sector is poised for high growth over the next five years, driven by increasing consumption and government initiatives, said Martina Turner, lead portfolio manager.
Baring to debut with three HK domiciled funds
Early next year, Baring Asset Management expects to launch three maiden Hong Kong-domiciled funds, a move that will prepare the firm for the eventual mutual fund passport recognition between Hong Kong and China.
JPM AM Aviva Asia acquisition
J.P. Morgan Asset Management has acquired Aviva Investors’ Asia Pacific Real Estate vehicle.
Market volatility seen rising in 2015 SSGA
An intelligent assessment of the divergent environment and its risks and opportunities will reward the astute investor in 2015, according to State Street Global Advisors.
China takes pole position
It was Mark Twain who said “facts are stubborn, but statistics are more pliable”. I wonder what his take would be on the latest figures from the IMF which says his beloved America is now number two.
Asian fixed income to do well in 2015 BlackRock
While the US Federal Reserve looks poised to raise interest rates in 2015, Asian fixed income market will do well as countries like India and Indonesia are expected to benefit from lower commodity prices through lower inflation and lower subsidy bills, said Joel Kim, head of Asia-Pacific fixed income at BlackRock.
US equities appealing to Asian investors
Some Asian investors are more weighted toward US equities than they have been in the past, but a repeat of this year’s US market performance is unlikely in 2015, said Tristan Camp, investment specialist.