Water dreams across the world, AI vs Humans vs Index, Arm gets the animal spirits going, Brussels has a go at China – again, watching the debt rise, advertising, Bloomberg’s Economics and much more.
HSBC Private Bank is hiring, an AI ETF comes to market, Nasdaq rally, top performing funds, venture capital woes, Dimon’s ironic short ban, Alibaba’s cloud is freed and much more.
The two index providers announced a suite of nine ESG indices covering China fixed income.
Index inclusion has sparked investor interest in China’s onshore bonds, but performance has not been impressive.
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The inclusion of China’s onshore bonds on the Bloomberg Barclays Global Aggregate Index is seen as a positive development, but don’t expect a surge of capital in the short-term, managers said.
“We trimmed exposure to India and Korea as we were concerned after the run-up [in markets]. We had different instances when target prices on stocks were reached,” said Csellak in an interview with Fund Selector Asia. Volatile Korea Korea with a 20.7% weighting and India (17%) were still the top country allocations of the Manulife Asian […]