Change at Permal, addition at Aberdeen Standard, Lazard loses, Credit Suisse relocates, St James’s Place pinches, Hydras of finance, Discretionary growth, UN PRI and much more…
A report from Legg Mason saying US GDP could hit a 20-year high; a European distribution platform launches in Singapore; more fintech cooperation in Asia; appointments at Natixis and notable items during China’s NPC meeting…
Legg Mason hires; Change at Navigator; UBS is doing well; Discretionary thoughts from ICBC and BEA; Vontobel researches; Fidelity vs Blackrock; Contrarians at Schroders and much more.
Downgrades for Fidelity and Legg Mason, an upgrade for Threadneedle and coverage initiated on Capital Group.
FSA compares the Fidelity America Fund and the Legg Mason ClearBridge US Aggressive Growth Fund.
The MSCI decision in June will be an important signal to foreign investors, said investment director and Asia CEO Paul Danes.
Concerns over dilution to shareholder returns and falling profitability are the key challenges for the equity markets throughout Asia, said Paul Danes, investment director and Asia CEO of Martin Currie.
Asian investors seek income products but are too focused on “familiar income-producing asset classes”, according to a Legg Mason survey report.
Chinese investors in the 18-39 age group prefer high yield products and are more aggressive and confident in their investment choices than older mainland investors, according to a survey report by Legg Mason.
“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, […]