As the IMF sounds the alarm for investor losses, industry participants in Asia and the US point to a continued role for the sector.
Tag : imf
A mass dash out of equities and into cash has come as the IMF unveils bleak economic projections for what it says could be the worst downturn since the Great Depression.
IMF gains RQFII approval; India's unit-linked insurance plans set for revamp; GPIF seeks alts strategy consultants; NPS bullish on foreign equities; Poba seeks JVs for real estate investing, and more.
The Monetary Authority of Singapore is the first central bank to assign renminbi assets as foreign reserves. Other central banks are tipped to follow suit and boost their RMB investments.
The International Monetary Fund’s designation of the renminbi as a reserve currency will not affect MSCI's decision on including China A-shares in its global emerging-markets index.
The International Monetary Fund's designation of the renminbi as a global reserve currency is expected to have a gradual, but major impact on investment portfolios.
The PBoC's surprise 1.9% devaluation of the renminbi has left a hole in bond fund managers’ portfolios. Economists and managers say the coming week will be crucial in seeing what was behind the move.
The renminbi has a good chance of being included in the IMF's basket of international currencies this year, a senior Standard Chartered strategist says. It follows the IMF's proposal to delay a possible inclusion.
Fund managers in the US are sceptical that China's bond market can become a strategic allocation until the renminbi is fully convertible.
HK hedge fund wins advert dispute; CFFEx lists 10-year bond futures; SFC considers dual-share structures; MAS to probe cases with police; Iosco agrees on Asia roadmap; and BIS warns of future fixed income crisis.
IMF director for Asia and Pacific, Anoop Singh, sees room for policy change and is positive about domestic consumption, but says collective action on growth drivers in the region is needed.
Kirby Daley, strategist at Newedge, connects the dots between a loss of confidence in Europe and the likelihood of a flight to quality that sucks liquidity out of Asia.