Asia sees huge outflows from mixed asset
About $105bn flowed out of Asia-domiciled mixed asset products in Q3, and total net flows from retail investors were down by more than half, according to data from Strategic Insight.
Asia
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IIF – Emerging markets will suffer first net capital outflows since 1988
Emerging markets are set for their first annual capital outflows since 1988, according to a report published by the Institute of International Finance (IIF) on 1 October.
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Swedes brace for another market correction
Three quarters of Sweden’s fund selectors expect yet another plunge in equity markets before year-end, according to a poll held at Expert Investor Sweden in Stockholm last week.
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Finnish fund buyers: bargains ahead in EM
Are the Finns all going contrarian? It looks like it, as a record 58% of fund buyers from the Nordic country will be increasing their exposure to emerging market equities in the next 12 months.
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Asset manager pessimism on US and EM deepens further
Return expectations from US equities among asset management companies are at a post-financial crisis low. EM equities may look cheap after last week’s correction, but asset managers have their reasons to stay sceptical.
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Investors rush out of EM equities and into Europe
The Great Rotation from emerging markets to developed market equities is now in full swing: while investors pulled out a record €7.1bn from global emerging market equities in July, net inflows into their developed market equivalents were at their highest since February 2014.
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Market carnage could push Fed rate rise back to 2016
China’s shadow over global markets is pushing a US interest rate rise to December, and unless it relinquishes its grip the wait could go on even longer.
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China creating big trouble for emerging markets
The issue of the value of China’s currency versus other major currencies, particularly the US dollar, has been rumbling on for many years now.
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‘Safe’ bond outflows accelerate
Investors have stepped up unwinding their long bond positions in June, according to the latest fund flows data provided by Morningstar. Net outflows from investment-grade bonds doubled from the previous month to €6.3bn. Net outflows of €1.5bn from high yield bond funds, the first net outflows since January, were another sign of the bearish mood…
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Asia investors’ ETF appetite growing
Asian institutional investors plan to further raise exposure to passive products over the next year, according to a survey by Deutsche Asset & Wealth Management.
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Investors lose faith in emerging markets
International asset management companies are more bearish than ever about emerging market equities, amid worries about the effects of a Fed rate hike on the asset class and a renewed slump in commodity prices. Sentiment has dropped into negative territory, and return expectations for the asset class are now even more depressed than those for…
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Should fund managers have skin in the game?
Allocators and influencers in Asia take a positive view of managers who invest in their own funds – up to a point. Among them is Bryan Goh, Bordier’s chief investment officer in Singapore.