In connection with a potential second US dollar sukuk, the government said it has given several mandates. HSBC and Standard Chartered Bank are joint global coordinators, joint lead managers and joint bookrunners, and CIMB and National Bank of Abu Dhabi PJSC are joint lead managers and joint bookrunners. This month, the parties will arrange a […]
Tag: Investment
RWC Partners poaches entire team to start EM business
The London-based boutique investment management firm said it plans an office in Singapore, subject to regulatory approvals, and has set up in Miami. “An extremely unusual set of circumstances allowed us to recruit a fully formed institutional quality emerging and frontier markets investment team,” said Dan Mannix, CEO of RWC Partners. “This comes at an […]
Jupiter is extending its UK orbit to Asia
The firm is largely unknown to retail investors outside its UK base, but client servicing, sales and marketing have expanded in Asia, and plans are underway for regionally-focused funds, said CEO Maarten Slendebroek.
Does the US rate hike create an EM buying opportunity?
Current market volatility is due to uncertainty around the start date, Rieder said. He disagrees with conventional opinion that all emerging markets will be under pressure once the US Fed moves to hike rates later this year. Rieder believes a 25 basis point rate rise will come in September and further hikes will be cautious […]
Baring sees Stock Connect liquidity as proof of concept
Trading through the Shanghai-Hong Kong Stock Connect surged to its highest level last month since launching in November. In April, market turnover on the Hong Kong Exchange rose to an all-time high of HK$252.4bn ($32.6bn). There has been a lot of talk about north vs south capital movement, but Stevenson believes that has been overstated […]
OMGI continues Asia push amid tough competition
New fund launches, additional staff and Hong Kong-domiciled funds are part of the plan as the firm continues an aggressive Asia expansion, according to Warren Tonkinson, head of distribution.
Is it time for an unconstrained strategy?
“There has been a big increase in demand for unconstrained investing strategies. A lot of investors are concerned about the sell-off in emerging markets in case the US Federal Reserve hikes rates,” Stitt said, in an interview with Fund Selector Asia. “They are still drawing parallels from the taper tantrum. A lot of clients are, therefore, […]
A-share inclusion in the MSCI could drive foreign capital inflow
“The economy is slowing, but what is interesting is if you look at China’s contribution to global growth, and then you look at China’s weighting in the MSCI World Index, then there is a huge under-representation of China,” Yeung said in an interview with Fund Selector Asia. China has less than 3% representation in the […]
Finding cold stocks in a hot region
AB likes to uncover cheap stocks that are out of favour, according to Stuart Rae, chief investment officer of Asia Pacific ex-Japan equities.
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 […]
