Over the next five years, the firm intends to increase the source of assets under management from Asia to 15% of total from the current 3%, double regional headcount and develop local products, Alexander Henderson, managing director of Asia, told Fund Selector Asia.
“[A] word of caution is warranted following the stellar performance of Chinese equities over the past year or so. “Today A-shares trade at or above a 20x multiple and look simply expensive. A correction would offer a welcome breathing pause,” the fund house said in its asset allocation strategy note. In the medium-term, the investment […]
The four ETFs seek to track key global indices: the S&P 500 index, the Euro Stoxx 50, the Nikkei, and the MSCI EM Asia index.
Izawa replaces Masato Degawa, who has decided to retire from the firm. Izawa’s appointment will be effective from 18 May. He will join BlackRock from Japan Post Bank, where he was president and chief executive for more than five years. Previously, he worked with Mitsui & Co for 38-years. The hiring reflects BlackRock’s deep […]
Driving interest in Japanese equities are apparent corporate cultural changes that include a movement toward increased dividends and share buybacks, which could lead to a long-term re-rating of Japan.
J.P. Morgan Asset Management has introduced a share class hedged to the renminbi in the JP Morgan Japan (Yen) Fund.
The price is not right for direct exposure to emerging markets stocks, according to David Herro, chief investment officer for international equities at Harris Associates.
Asian equities ex-Japan stood out as this year’s preferred asset class, according to an FSA survey of fund selectors and portfolio managers.
Japan emerged from recession in the fourth quarter of 2014, but there could still be further policy easing from the country’s central bank, according to Keith Wade, chief economist and strategist.
Pension funds dominate the Japans asset management industry, but they are becoming less tolerant of underperforming managers and also their investment horizon is reducing, according to a new research from Cerulli Associates.
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