Foreign investors took their money out of EM assets at the fastest pace since the 2013 Taper Tantrum in November, according to the Institute of International Finance (IIF).
Tag: Emerging Markets
Pinebridge: Trump an `amplifier’ for global growth
Despite his anti-trade agenda, the new US president is likely to amplify the rebound in global growth already underway, according to Markus Schomer, the firm’s New York-based chief economist.
Citi: Sector investing focus for 2017
Sector investing may come back in 2017 and an EM `stability premium’ could develop as the grand economic ideas of the new US administration are put into practice. Roger Bacon, Citi Private Bank’s Asia-Pacific head of managed investment, explains to FSA the 2017 landscape from a fund selector’s perspective.
M&G: EM shine remains despite US-led risks
Rate hikes and anti-global trade sentiment aside, emerging market equities remain cheap and fundamentals are stabilising, according to investment director Jeik Sohn.
Fidelity EM manager cautious on IT, China banks
An underweight position in IT stocks, as well as Brexit market volatility, has detracted from the performance of Fidelity’s emerging market fund in recent months, according to manager Nick Price.
Emerging market debt: A key component in the search for yield
With government bonds looking less attractive, investors may consider expanding their fixed income horizons beyond the developed world in the search for yield, said Jack Lin, head of Asia-Pacific, Middle East & Africa at Pioneer Investments.
China should brace for US election fallout, say AMs
The Chinese press has been remarkably quiet on the new US president, but asset managers are weighing in on what they see as the negative impact of Trump’s protectionist views.
EMD risks abating, argues Axa IM
General risks for investors in emerging-market debt are ebbing, which is why global institutional investors are likely to continue to add exposure, said Michael Ganske, portfolio manager at Axa Investment Managers.
GSAM sees `expansion phase’ where others see stagnation
Risk assets remain attractive as central banks shift policy and investor sentiment based on market fundamentals starts to return, said Neill Nuttall, co-chief investment officer of the global portfolio solutions group at Goldman Sachs Asset Management.
Investors buy EM, sell European equities
Selling European equities and buying global emerging market stocks is developing into the great trend of 2016.
