The firm’s multi-asset team has a high conviction call on US banks, which some investors see as a contrarian view, according to Craig Moran, deputy portfolio manager at M&G Investments.
Tag: Japan
Sovereign debt with negative rates at $10.4trn
The amount of global sovereign fixed income with negative interest rates is up 5% since the end of April, according to Fitch Ratings.
Complexity of Asia hinders fund passport schemes
Varying tax and regulatory issues across the region could disrupt the Asia Region Funds Passport initiative, according to Mostapha Tahiri, CEO and head of asset and fund services for Asia at BNP Paribas Securities Services.
Japan’s deflation may spread to Asia
GAM investment director Tim Love said the weakening of the Japanese yen puts downward pressure on currencies throughout Asia.
Blackrock brings in Japan CIO
The firm has nabbed Takeshi Fukushima from GI Capital Management to serve as chief investment officer.
Fidelity remains bullish on Japan
Despite negative interest rates and doubts about Abenomics, Fidelity analysts single out Japan as the only market with improving prospects.
China and Japan need structural reform – Bank of Singapore
Bank of Singapore chief economist Richard Jerram said while the Chinese and Japanese financial markets might respond well to short-term stimulus, there is too little focus on structural reform.
HEAD-TO-HEAD: JPMorgan Vs PineBridge
Fund Selector Asia compares the JPMorgan Japan (Yen) with PineBridge Japan New Horizon Equity.
Fidelity: Consumer sector in developed markets offer opportunity
The consumer sector in developed markets is liable to be “the incremental driver of growth” in 2016, Fidelity International said.
