Growing concerns in China and other emerging markets could lead to “a prolonged deceleration” and have a “severe knock-on effect across the EU and the US”, according to the most recent report on risk by the Economist Intelligence Unit.
Tag: China
China this week – Fund News
A roundup of the week’s asset management industry news from mainland publications.
Yuan cuts have an upside for global markets – Greetham
Yuan devaluation will rescue the global market from overheating and restore the deflationary recovery, according to Royal London Asset Management’s Trevor Greetham.
China creating big trouble for emerging markets
The issue of the value of China’s currency versus other major currencies, particularly the US dollar, has been rumbling on for many years now.
BMO PB overweights European equities
Europe and Japan equities are favoured, but a key investment risk is China’s GDP surprising to the downside, said Edmund Yun, executive director and head of investment for Asia, who shared his second half views with Fund Selector Asia.
China’s Noah reports profit jump
Nasdaq-listed Chinese wealth manager Noah Holdings is expanding its relationship manager team as the firm reports a jump in Q2 net profit, according to CEO Jingbo Wang.
Younger Chinese investors are comfortable with risk
Chinese investors in the 18-39 age group prefer high yield products and are more aggressive and confident in their investment choices than older mainland investors, according to a survey report by Legg Mason.
China this week – Funds and Markets Analysis
A roundup of the week’s asset management industry news from mainland publications.
CSOP to launch China bond ETF in Europe
Despite strong mainland market volatility, China-based CSOP Asset Management expects to launch its first onshore fixed income ETF in Europe, said Melody He, head of capital markets.
Measuring risk appetite in Asia
Investors in China take the most risk, while Japanese investors are the most risk averse, according to a Manulife study on the risk appetite of investors in Asia’s five wealthiest markets.