How long will the renminbi stay on the weak side as the China-US rate paths diverge? Has the currency been undervalued? Fund managers have different views.
Tag : fed rate hike
The Hong Kong family office is repositioning its public assets portfolio of equities, bonds and cash to capture different opportunities in Asia, Europe, and the US.
Positive but moderate returns are still expected, while the pace of policy normalisation and economic growth is closely watched.
Meanwhile, sentiment stays near record lows for emerging markets, as China attracts more flows but India falls out of favour, finds Bank of America Merrill Lynch’s fund manager survey.
