At the latest Fund Selector Asia Investment Briefing Hong Kong, FSSA, HSBC GAM and Lazard discussed Japan equities, multi-assets, and convertible bonds.

At the latest Fund Selector Asia Investment Briefing Hong Kong, FSSA, HSBC GAM and Lazard discussed Japan equities, multi-assets, and convertible bonds.
One is a global multi-asset fund with a focus on income, while the other is an unconstrained fixed income strategy.
In contrast, mixed-asset products offered by third-party fund managers have only returned around 0-2% so far this year.
The fund also aims to provide an income of 3-5% per annum.
FSA compares two Asia mixed-asset products: The First State Asian Bridge Fund and the JPM Asia Pacific Income Fund.
At least seven mixed-asset products have been launched in the Lion City since 2019.
The multi-billion dollar fund has lifted its cash weighting, reduced equity exposure and trimmed an already low allocation to sub-investment grade credit.
Market crashes; ETF desert; Multi-asset return; The eternal blame game; Gallows humour; Momo in the age of corona; Advertising from Pimco and much more.
Fidelity’s Asia multi-asset funds have raised their exposure to China A- and H-shares since the start of the year, doubling down on a “contrarian” switch to China high yield bonds.
137 out of 138 multi-asset funds declined less than the S&P 500 (-13.83%) during Q4, according to FE data. The exception was the Manulife All Weather Portfolio Growth Plus, which fell -14.44.
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