The inclusion of 230-odd China A-shares was a hugely symbolic moment for UK and European investors but the region’s fund industry has failed to get ahead of the curve, with most firms lacking dedicated teams of analysts or products to invest in.
Tag: JP Morgan Asset Management
Samsung’s bulk limits index-beating funds
Due to the dominance of Korean stock indices by one company, Samsung Electronics, outperforming them is difficult when Samsung does well. Some managers did well despite it.
Outflows continue for northbound MRF products
April marked five consecutive months of net outflows for Hong Kong-domiciled funds sold in China through the Mutual Recognition of Funds (MRF) scheme, according to the latest data from the State Administration of Foreign Exchange (SAFE).
For dividends in Europe, seek cyclical stocks, says JPM
Rising interest rates and inflation have shifted the dividend opportunity to the financial and energy sector rather than traditional defensive stocks, said Thomas Buckingham, London-based portfolio manager at JP Morgan Asset Management.
Northbound MRF outflow continues in Q1
Funds sold under the China-Hong Kong Mutual Recognition of Funds (MRF) continued to see net outflows in March after an all-time high outflow in the previous month, according to data from the State Administration of Foreign Exchange (SAFE).
Which HK funds gathered assets in Q1?
JP Morgan and Schroders were the top two asset gatherers in Hong Kong-domiciled active mutual funds in the first quarter of 2018.
In case you missed it (20 April 2018)
Pimco poaches JPMAM fixed income head; JPMAM relocates multi-asset strategist; MFS establishes investment advisory council; ICBC Singapore launches investment banking service; StanChart opens innovation hub; China’s probe into China Huarong and more…
HEAD-TO-HEAD: JPMorgan vs MFS
FSA compares two European equity products: the JPMorgan Europe Dynamic Fund and MFS Meridian European Research Fund.
Foreign firms peck at China’s $9trn bond market
Despite the inclusion of onshore bonds on some global indices, portfolio managers have taken minimal exposure to the onshore bond market, citing the payment settlement issue as a key obstacle.
Japan overweight boosts JPM APAC fund
The broader adoption of the stewardship code among Japan’s listed companies is showing concrete results in the form of higher stock returns, according to Aisa Ogoshi, portfolio manager at JP Morgan Asset Management, who has been overweight Japan for five years.
