Though the sell-off in emerging markets has made valuations more attractive, Neil Dwane, global strategist at Allianz Global Investors, cautions investors to stay on the sidelines.
Tag: Europe
Pictet builds cash holdings
Pictet Asset Management is reducing equity exposure and raising cash holdings as the expected US rate hike approaches.
Capital Group fund to invest in budding multinationals
The firm plans an Asia launch of its Luxembourg-domiciled global equity product that invests in blue chip companies with the potential to become global leaders.
Some fund houses believe Greece outcome containable
Greece’s possible default and exit from the Eurozone will not undermine Europe’s economic recovery, some fund houses say.
Vanguard launches first S&P 500 ETF
Vanguard, which now has five ETFs in Hong Kong, said the total expense ratio (TER) of the new fund would be 0.25% annually, making it the lowest cost US equity ETF available in the special administrative region of China. “Today’s launch of the Vanguard S&P 500 Index ETF demonstrates our ongoing commitment to the Hong […]
Asian managers one step ahead in social media
Asian fund managers have been driven toward social media because of a lack of professional data across parts of the Asian continent, meaning more investors turned to public sources instead. Another finding was that the educated population in Asia was better connected than investors in the US and Europe. The research by Greenwich, a provider […]
Asia worlds richest region by 2016
Asia-Pacific is expected to overtake North America as the region with the largest amount of private wealth by 2016, according to a report by the Boston Consulting Group.
Mirae and the pan-Asian question
Homegrown fund houses building a pan-Asian presence have had “unspectacular results”, according to a recent report. But Ashley Dale, chief marketing officer at Mirae Global AM, said it’s much too early to make that conclusion.
Moderate return expectations from Europe
Following the European Central Bank’s massive quantitative easing programme, which was announced in November last year, European equities have rallied perhaps a bit too much, according to the firm. “Given that valuations are sitting at a 10-year high on a forward price-to-earnings metric, strong earnings growth is increasingly necessary to justify these valuations,” the firm […]
JP Morgan sees an earnings rebound lifting US equities
Investors should, however, lower their return expectations to single-digits for the S&P 500 index, the firm said. The index has recently been hitting all time highs: “We continue to favour US equities, despite slightly higher valuation levels. The base case for the S&P 500 total return in 2015 is in the single-digit range, which […]
