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’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.
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.
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…
Asian institutional investors plan to further raise exposure to passive products over the next year, according to a survey by Deutsche Asset & Wealth Management.
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…
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.
According to EIE’s freshest data, emerging market equities are battling for the unpopularity prize. While US equities remain the least popular equities, fewer European investors than ever before are looking to enter Asia.
Distributors in Asia-Pacific are likely to use exchange-traded funds and other index-tracking products as core holdings when building model portfolios, according to Cerulli Associates.
Wealth managers are significantly underestimating the propensity of ultra high net worth individuals to make use of automated advice services, the World Wealth Report 2015 shows.
China is so dominant that when A-shares are eventually included in the MSCI Emerging Markets Index, the result could be a spate of very similar passive products.
The majority of global pension funds have been increasing their equity allocation in the past six months. However, many would prefer to decrease it if they could just find yield somewhere else, because they expect a serious market correction.
No asset class or geography particularly stands out in fixed income, but Asia is “the least bad place to be,” said Garry Hawker, a partner with Mercer in Singapore.