A roundup of the week’s asset management industry news from mainland publications.
Tag: BlackRock
BlackRock prefers India, China bonds
Asian bond markets are less vulnerable to the US interest rate rise and India and China are the two preferred countries for bond investments, said Joel Kim, head of Asia-Pacific fixed income at BlackRock.
China’s trading freeze can undermine MSCI inclusion
The recent suspension of trading in 1300 A-share stocks could delay their much-awaited inclusion in MSCI’s emerging market index, fund houses said.
The case for fee based model
EXS Capital’s fee-based discretionary model is rare in Asia, but Jessica Cutrera, managing director of the firm’s wealth management arm, believes there’s a huge opportunity for more.
Swan warns of bubbling in China
Some segments are trading at 80-100 times price-to-earnings and there are “signs of exuberance” in the domestic market, said Andrew Swan, BlackRock’s head of Asian equities.
HEAD-TO-HEAD: BlackRock Global Allocation vs Schroders Global Multi-Asset Income
For one thing, when market valuations across various asset classes start to look stretched, investing in multi-asset funds is one way of reducing concentrated risk, according to Karen Tan, director and head of global wealth solutions in Asia-Pacific at Deutsche Asset and Wealth Management. Moreover, market volatility has been rising, and multi-asset products help to smooth performance […]
BNY Mellon abandons Asian platform
When BNY Mellon launched its separately managed accounts (SMA) business, called Spectrum, in January last year, it was described as a “major breakthrough” by the chief executive of the firm’s Asia Pacific SMA business, AJ Harper. The platform partnered with private banks and nine international asset managers – including BlackRock and Henderson – to offer more […]
Baring vs fidelity china fund
Morgan Stanley Investment Management recently warned about a bubble in the onshore market, as the amount of money that inexperienced and first-time investors are borrowing on margin to buy stocks is uncomfortably high. Chinese retail investors are trying to play the valuation gap between China’s A-shares and their identical H-share counterparts listed in Hong Kong. As […]
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 […]
Fixed income supply can’t meet epic demand, says BlackRock
Rieder, who was on visit to Hong Kong and China last week, said ten years ago there was a $4-$5trn net supply of fixed income each year. This year, the net supply will be $700bn, 15% of what was available a decade ago. “At the same time there is a huge aging population that needs […]
