FSA looks at the top performing funds of the previous two Chinese equity bull markets
The asset manager advises a defensive strategy with Asia as a relative bright spot amid recession risks in the West.
Global investors are increasingly focusing on macroeconomic factors over corporate fundamentals in China, according to GAM.
Fidelity Mutual conversions gather pace, Lithium’s shocking fall, NFTs come back from the dead, Fast cars and underperformance, Doing national service in China, Big three dominance fades and much more.
As Asian inter-regional trade increases, lower currency volatility could cause Asian assets to reprice, according to Allianz GI’s CIO of Asia Pacific fixed income Jenny Zeng.
The French asset manager believes some emerging markets are resilient in the face of global headwinds.
Investment firms are encouraged by China’s latest Q3 GDP figures, which came in at 1.3% quarter over quarter versus 0.5% in Q2.
FSA looked at the top performing funds within the best performing equity market region of the last three years.
FSA looks at the Asia Pacific ex-Japan funds that have outperformed both year-to-date and over five years.
Analysts at UBS Wealth Management and Eastspring Investments do not believe China is heading towards a lost decade like Japan in the 1990s.