Even as there are growing worries over the quality of bank loans in China, governments efforts to recapitalize the banks can help strengthen the state-owned banks balance sheet, says BlackRocks chief strategist.
Tag: Asia

Investors get access to Asean CIS framework
The ASEAN collective investment scheme framework (CIS) has been launched, allowing investors in Singapore, Malaysia and Thailand access to cross-border financial products.
Standard Life Investment cautious on Singapore realty
Standard Life Investments is cautious about investing in Singapore real estate due to government intervention in the sector.
Nordea emerging market manager likes India
Fund Selector Asia talks to Jorry Rask Nøddekær, lead portfolio manager of Nordea 1 Emerging Stars Equity Fund about his investment views and strategies on emerging market equities.

Nikko creates global multi-asset team in Singapore
Nikko Asset Management has created a specialist portfolio management team in Singapore by integrating its global multi-asset capabilities and assets under management.
European fund selectors warm to Asia
Concern over risk in China is easing, prompting European and UK fund selectors to inch up their exposure to Asia.

BlackRock appoints new head of private bank and client development in Asia
BlackRock has hired a former UBS Securities chief executive as its head of private bank business and strategic client development in Asia, excluding Japan.

BNY Mellon hires new Japan country executive
BNY Mellon has appointed Douglas Hymas as country executive for Japan and general manager of the company’s Tokyo branch.
Aberdeen sets sight on multiasset growth
Multi-asset management is an area set to grow, according to Aberdeen Asset Management’s chief executive Martin Gilbert.
A new world order
Since the Bretton Woods agreement in 1944, the worlds economic order has been US-led, highlighted by Washington being the location for global institutions such as the International Monetary Fund (IMF) and the World Bank.