The pain felt among energy and mining producers looks set to worsen as investors concerned about default rates have started cutting their exposure to the sector.
Tag: Axa Investment Managers
Consumption plays on China’s next five-year plan
After the unveiling of the broad themes for China’s 13th Five- Year Plan on 3 November, President Xi Jinping provided some data to complement the qualitative report, Axa Investment Managers said.
Finding plays on China’s demographic woes
Investment opportunities linked to longevity and an aging population are emerging in areas such healthcare and financial services, fund houses say.
Axa IM expands with veteran hire
Axa Investment Managers has appointed Simon Weston as senior equity fund manager.
AXA IM hire to expand private bank reach
The firm has appointed Kelly Ng as a director as it looks to expand its coverage of private banking and wealth managers in Asia.
China’s Q2 growth fails to impress
China beat market expectations with a 7% year-on-year growth for the second quarter. But in the second half, fund houses are concerned about the financial sector.
Fund houses warn on volatility from Greece impact
Increasing uncertainty around Greece and the probability of an exit from the Eurozone has raised the alarm at several fund houses about a surge in market volatility.
China’s market plunge puts economy at risk
The continuing fall in China’s stock market puts the country’s entire financial system and structural reform agenda at risk, according to Axa Investment Managers and Schroders.
Central bank action would boost cheap Korean equities
About 50% of Korea’s GDP is dependent on exports, which have been declining this year, according to Aidan Yao, senior emerging market economist at Axa Investment Managers. Weak external demand from the US is one reason why exports are falling. Also, Korean companies are strong competitors with their Japanese counterparts and the strengthening of the […]
AXA IM turns underweight on Chinese equities
“[A] word of caution is warranted following the stellar performance of Chinese equities over the past year or so. “Today A-shares trade at or above a 20x multiple and look simply expensive. A correction would offer a welcome breathing pause,” the fund house said in its asset allocation strategy note. In the medium-term, the investment […]
