Don’t blindly accept the IMF’s “new mediocre” era of “low growth for a long time”. The synchronisation of rising economic growth in the US, China, Japan and India remains a plausible event, according to the bank’s research. BNY’s “G4 scenario” assumes that Japan’s average annual GDP growth is 2% for the remainder of the decade, […]
Tag: Japan
Japan’s spending culture could impact debt servicing
The lack of savings can be attributed to both demographics and a surge in consumption that preceded the value added tax rate hike in April 2014, said Govinda Finn, head of global strategy. Japan’s population is burning through savings as they enter retirement age, and the average savings rate for age 65 and older is […]
Baring launches three Hong Kong-domiciled funds
Slated to officially launch on Thursday, 7 May, the three funds made in Hong Kong are the Baring European Equity Income fund, the Baring Greater China Equity fund and the the Baring Global Multi Asset Income fund. The European income fund, based on an existing Baring fund sold in Japan, was launched locally because of the […]
Henderson Global launches five funds in Singapore
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.
AXA IM turns underweight on Chinese equities
“[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 […]
RHB AM launches four ETFs in Malaysia
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.
BlackRock appoints Izawa as Japan head
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 […]
A more shareholder friendly Japan
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.
JP Morgan adds RMB share class to Japan fund
J.P. Morgan Asset Management has introduced a share class hedged to the renminbi in the JP Morgan Japan (Yen) Fund.
Get EM exposure through Europe
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.
