Crude bull market depends on sentiment and Saudi delivery
The price of brent crude broke through $50 (£38, €44) per barrel on Thursday afternoon prompting headlines writers to tout oil’s return to bull market territory.
The price of brent crude broke through $50 (£38, €44) per barrel on Thursday afternoon prompting headlines writers to tout oil’s return to bull market territory.
If the lower for longer period of global growth and interest rates does come to an end, David Jane, manager of Miton Group’s multi-asset range, said he would have to restructure roughly half of his portfolio.
One year on from China’s surprise currency devaluation, there is still room for a further gradual depreciation of the renminbi against the US dollar, said Jade Fu, investment manager at Heartwood Investment Management.
China’s regulators have formally approved the Shenzhen-Hong Kong Stock Connect, which was expected to launch last year.
In August 2015, emerging market equities were in the midst of the most serious market correction since 2008. A year on, investors are more bullish than ever about the asset class. Is this radical change of mood justified?
The passage of the Goods and Services Tax bill in India last week will simplify a complex tax code, boost consumer spending and enhance productivity – giving equities a tailwind, according to Mirae Asset Global Investments.
The outlook for emerging markets is becoming more stable as falls in currency, oil and other commodity prices – added to a soft landing for China – continue to ease, argues Tai Hui, chief market strategist Asia at JP Morgan Asset Management.
WisdomTree has added another product to its arsenal by announcing the launch of a new exchange traded fund (ETF) giving investors access to all classes of Chinese equities.
Humans have a remarkable capacity for adaption and the investment management sector is no different.
Asset managers believe that the country’s bond defaults are a concern, but stopped short of saying they would spread outside the energy-related sectors.
Standard Chartered Bank has revised its forecast for the renminbi following Brexit, and now expects the currency to devalue further this year.
Volatile markets characterise 2016, and investors are warming to investment strategies that reduce risks, according to Tom Naaijkens, client portfolio manager for quant equities at Robeco.