US-headquartered asset manager changes tack in its latest insight on global asset allocation and the investment environment.
The current economic environment is constructive towards both equities and fixed income, believes JP Morgan Asset Management (JPMAM).
The firm’s China mixed-asset product has slightly trimmed down its equity allocation.
It’s E Fund vs Ping An in a quick comparison of two Renminbi fixed income funds.
Positioning for 2018, Value Partners has taken an overweight in bonds of under-researched Chinese small banks with a credit rating of B and below.
China’s offshore dim sum bonds are not going to disappear any time soon, despite the expanding issuance of onshore panda bonds, said Stephen Chang, head of Asian fixed income at JP Morgan Asset Management.
Assets in fixed income QDII funds quintupled in 2016, reflecting Chinese investors’ growing interest in the safety of foreign bonds.
Although the two emerging heavyweights have fixed income markets in the developing stage, authorities in both markets are taking steps to attract more foreign capital.