India’s “three arrows” are GDP growth, reform and public markets, and despite risks, equities and fixed income look increasingly attractive, according to a trio of BlackRock strategists.
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.
BlackRock has hired a former UBS Securities chief executive as its head of private bank business and strategic client development in Asia, excluding Japan.
BlackRock has launched its Luxembourg-domiciled Asian Growth Leaders Fund to retail investors in Hong Kong.
BlackRock has launched a special situations fund focusing on what it calls tomorrows winners in the evolving Asia ex Japan market.
AmInvest has opened a feeder fund which will allow Malaysian high net worth investors to access BlackRocks Global Multi-Asset Income Fund.
BlackRock has poached Schroder Investment Managements Man-Yeon Choi as country head for Korea.
BlackRock has appointed Goldman Sachs Helen Zhu as managing director and head of China equities.
More than half of the entire active mutual fund industrys net flows were attracted by the top 15 managers last year.
Asian insurers are adopting a more tactical asset allocation than their global peers, turning their investments to higher yielding and less liquid assets so as to maximize returns in a low yield scenario, according to BlackRocks Global Insurance Survey 2013.