Global investors who continue to place faith in US equities should be wary, as Chinese companies offer better opportunities, argues Eastspring Investments.
Suzy Waite
Venture capital fundraising in the mainland fell 79% quarter-on-quarter and 50% year-on-year, but capital deployed rose, with $1.5 billion invested across 106 deals.
Japanese institutional investors will increasingly award mandates to foreign managers and advisers, according to Cerulli Associates and the Nomura Research Institute.
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Aberdeen reshuffles in fixed income, Franklin Templeton adds alts sales head, HSBC names retail and wealth head, RBC WM adds in sales, Mercer hires China executive.
The mainland JV between AMP Capital and China Life has raised $2 billion within weeks from its initial money-market fund, riding a wave of popularity for the strategy.
Principal Global Investors has been meeting distributors to discuss them selling its funds in mainland China, having made several recent senior appointments.
The brokerage looks into its crystal ball for its 20th annual Fung Shui Index and sees bullish equity markets and a property plunge in HK. But things could be dicey for Alibaba’s Jack Ma.
The UK bank is building out its fixed income advisory services in Asia Pacific. It will also add FX specialists and eventually unveil an SRI advisory programme.
Asset owners are tipped to pile into hedge funds in 2014 despite their dire performance last year. There's even appetite for less liquid strategies and funds with long lock-ups, research finds.
Global investors appear to be underweight Japan equities; merely shifting to neutral would drive strong inflows, and there are good reasons for that to happen, says BNY Mellon's investment arm.
DeAWM names Asia-Pacific CIO, Lazard’s Japan team adds CEO, BlackRock names research head, Ex-CIMB-Principal AM CEO resurfaces in motorsports industry.
Abenomics may have given Japanese equities a shot in the arm, but it has forced government bond volumes down. Still, the top dealing dogs retain a familiar look.
