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 […]
Tag: Investment
Chinese QE – more curse than blessing?
Expectation is mounting that China is planning its own version of quantitative easing and investors weighing up how to play the world’s most populated country may struggle to assess the situation.
Vanguard launches first S&P 500 ETF listed in Hong Kong
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 […]
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 […]
Natixis in Asia retail push
The firm aims to launch up to ten funds in Asia in the next 18 months targeting retail investors, according to Madeline Ho, managing director, head of wholesale fund distribution for Asia Pacific at Natixis Global Asset Management..
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 […]
Asia’s unexamined small caps are a sea of opportunity
“The number of small-cap companies are increasing. Some local brokerages are bringing in new initial public offers in Korea. New companies are definitely coming up in Hong Kong and China, and India has so many small-caps,” Csellak told Fund Selector Asia. That creates potentially more undiscovered gems for small cap investors willing to do the […]
BMO clusters ETFs to offer portfolio strategies
Prakash said BMO is not putting funds together, but portfolio strategies that are actually implemented by the intermediaries. “The implementation happens with respect to the intermediary using their platform and clients benefit from the asset allocation decision. We would work with intermediaries so they are able to offer this to their client base.” ETFs have […]
Multi-asset is a contender for income needs, says Schroders
Generating income when yields are at historic lows is no longer as simple as investors believe it once was, he said. A typical approach in Asia has been to focus on a split between Asian high-yield bonds and Asian dividend stocks, Pang said. However, the yield on offer is not commensurate with the volatility in […]
HEAD-TO-HEAD: BlackRock Asian Dragon vs Investec Asian Equity
Further easing measures are expected as current economic indicators in China have not improved, AXA Investment Managers and Schroder said recently. Separately, Schroder’s recently cautioned on the overheating in China’s market while BlackRock said it would prefer a selective investment approach following the surge in A- and H-shares. In India, managers like Franklin Templeton said they expect Indian markets to rise as […]
