T Rowe Price’s Peter Bates explains why after the decade-long bull market, some of the best performing fund managers are now struggling.
Tag: US Equities
The only US funds beating their benchmarks
Only two actively managed US mutual funds registered for distribution in Hong Kong and Singapore are beating their benchmark over a five-year period.
The FSA Spy market buzz – 12 May 2023
DOGG investments, Kaiskorn might not be selling, dancing on debt ceilings, abrdn ditches a co-CEO, a bucket load of funds to choose, peak Economist, metaverse nothingburger and much more.
Capital Group launches US multi-asset fund in Hong Kong
The fund is exclusively distributed by Bank of China.
BNY Mellon IM favours US equities
The asset manager thinks that businesses in the US are more equipped to withstand the tough macro environment.
RBC WM sees strong economic growth to support US equities
RBC Wealth Management likes the financials, energy and information technology sectors.
HEAD-TO-HEAD: Alliance Bernstein versus MFS
FSA compares two US equity products: the AB Select US Equity Fund and the MFS Meridian US Value Fund
DBS overweight US and European equities
DBS said it will stay overweight US and European equities due to negative real rates and elevated equity risk premium (ERP).
Pictet backs European and US high yield credit
But the firm remains nervous about China property borrowers.
HEAD-TO-HEAD: Lazard versus T Rowe Price
FSA compares two US equities products: the Lazard US Equity Concentrated Fund and the T Rowe Price US Large Cap Growth Equity Fund.
