EM debt should perform well despite rising US bond yields and a stronger dollar, argues Marcelo Assalin, head of emerging market debt at NN Investment Partners.
Blackrock launching two MPF funds, Singapore’s UOB AM and T. Rowe Price rolling out a tech fund in Singapore; key APAC senior management changes at Australia’s AMP Capital; dwindling number of billionaires around the world; an institutional mandate for UK’s Prestige; Hong Kong and Singapore’s regulators penalising professionals for WeChat and spoofing; AIA names David Beckham as its global ambassador; NNIP’s positive outlook for Mongolia; etc…
A diversified multi-asset strategy can help investors mitigate increasing market volatility, according to Valentijn van Nieuwenhuijzen, head of multi-asset at NN Investment Partners.
Most corporates have fared well despite sanctions, the firm said, and companies with strong credit profiles, liquidity and modest domestic exposure present opportunities.
It has been the question probably most frequently asked by investors over the past few years: should I increase my allocation to emerging markets now? Every so often, the answer has been negative as short-lived rallies have failed to sustain themselves. Will this time be any different?
The pain felt among energy and mining producers looks set to worsen as investors concerned about default rates have started cutting their exposure to the sector.
A study by NN Investment Partners shows that nearly half of investors are worried about bonds not offering as much capital protection as previously.
The world is awash in crude and holds a surplus of metals, but a subtle shift may be starting to take shape among industry players.