Concerns remain on whether interest rate hikes by the Fed will be able to slow economic activity and tame inflation — or push the US economy into recession, triggering major uncertainties for Asian capital markets.
Fixed Income
India’s Life Insurance Corp initial offering was oversubscribed 2.95 times, with participation from Norges Bank Investment Management, GIC, ADIA, and domestic funds; the Saudi Public Investment Fund will allow investments in Israeli companies for the first time with a $2 billion commitment in private-equity firm Affinity Partners; Hong Kong's Exchange Fund posts $7 billion quarterly loss; and more
From allocating capital to ESG portfolios to supporting businesses in transition, institutional investors have the power to move the needle in the global quest for a decarbonised economy.
For long-term investors, confidence in China will only return when visibility improves around the regulatory crackdown and Covid Zero policies.
The new report by IFSWF and State Street also found strong capital outflows from emerging markets and currencies close to Russia and Ukraine.
The future of the capital markets is clearly defined by digitalisation and the integration of blockchain technology, OMFIF’s latest report finds.
webinars
Duration: 1 hour
Recent market volatility hasn’t changed the appeal of China’s $20 trillion bond market. Join AsianInvestor and HKEX for a webinar to understand the vast, growing opportunity that the country's bond market offers.
Singapore sovereign wealth fund GIC takes up 49.9% stake in Wee Hur’s student housing portfolio in Australia; China's Sunshine Insurance reportedly looking to list on HKEX in potentially the largest IPO of the year; New China Insurance issues a warning that its first-quarter profit might decline 70%; and Temasek sends stern warning on corporate governance to portfolio companies; and more
Fund managers are keeping an eye on how the Chinese government will rule on easing monetary policy, ending Covid lockdowns, and its relationship with Russia, while at the same time “bottom-fishing” for good deals in the world’s second-largest economy.
While insurers have gravitated towards alternative assets in search of yield and diversification, China Life increased allocation to government bonds.
Will the Federal Reserve’s move to raise interest rates and tighten policy aggressively hamper the economic recovery in Asia? What impact will it have on equity and fixed income asset classes?
For Chinese investors aiming to divest their onshore assets, Renminbi-denominated stocks in Hong Kong might not be a better option.
