The mutual recognition of funds initiative will act as a catalyst in re-rating offshore China equities and Hong Kong’s undervalued H-share market will be the first to benefit from inflows, according to Mansfield Mok, fund manager at EFG Asset Management.
Tag: Hedge Fund
HK, China mutual recognition of funds to take off 1 July
The Securities and Futures Commission and the China Securities Regulatory Commission today said they have signed a cooperation pact for the initiative and agreed on the implementation principles. “The mutual recognition of funds initiative is a major breakthrough in the opening up of the mainland’s funds market to offshore funds,” the SFC’s chairman Carlson Tong […]
Morgan Stanley floats Asia fixed income fund
The fund will invest in a range of Asia ex-Japan fixed income securities with no sector limitations. Through a top-down macro assessment process, the fund will invest in hard and local currency debt, sovereign and corporate debt, the firm said. “Following a growing emphasis on Asian bonds within the global strategy, the decision to launch […]
Survey: Global demand for income products highest in Asia
Nearly 94% of respondents in Asia and an equal number in the UAE showed interest in income generating products, according to the global investment trends survey. On a global basis, the corresponding number was 87%. “This is a trend that has been gathering momentum due to interest rates remaining low in many countries around the […]
Franklin Templeton brings alts fund to Singapore
The FTIF Franklin K2 Alternative Strategies Fund aims to offer capital appreciation with lower volatility relative to equity markets by allocating its assets across multiple alternative strategies.
Study: Fund flows unlikely to roil EM economies
The last four years, emerging markets received $1.4trn in cumulative gross portfolio capital flows, but only around $200bn came from regulated funds, according to Christopher Plantier, ICI senior economist of industry and financial analysis, who authored the report. EM capital flow was analysed to put into perspective the size of regulated fund investment into those […]
Stocks are top of list for global investors – Franklin Templeton
About 57% of investors expect stocks to be among the top performing asset classes, followed by real estate (52%) and precious metals (39%). “Many markets around the world have enjoyed strong performance over the past several years,” said Ed Perks, chief investment officer of Franklin’s equity group. “Investors are optimistic, but that may not be […]
PIMCO hires Ben Bernanke as advisor
Bernanke, who helped steer the US economy through the 2008 financial crisis, will guide PIMCO’s investment process and periodically meet with clients. “We look forward to benefitting from his extraordinary knowledge and expertise to help us add value for our clients,” Douglas Hodge, chief executive officer said. “His unrivalled experience in navigating the global economy […]
Rising appetite for income products: Legg Mason
Almost 92% of investors surveyed in Singapore and 91% in Hong Kong said income-generating investments are extremely important in 2015. At Fund Selector Asia’s income forum in February, asset managers stressed income investing opportunities are available across a range of asset classes despite the low yield environment. The Legg Mason survey released today found Singapore investors […]
Alternative investment strategies on rise – Natixis survey
Singaporean investors outnumber their global peers when it comes to rejecting traditional portfolios, which typically have a mix of stocks and bonds. Nearly 75% of Singaporean investors (compared to 69% globally) believe the traditional approach to building a portfolio is not the optimal strategy. “A vast majority of Singapore investors now question whether traditional investment […]
