Asian equity managers like India: Morningstar
Portfolio managers of Asia ex-Japan equity funds favour India while avoiding Malaysia and Australia, according to Morningstar.
Portfolio managers of Asia ex-Japan equity funds favour India while avoiding Malaysia and Australia, according to Morningstar.
Oliver Bell, manager of the T. Rowe Price Frontier Markets Equity Fund and T. Rowe Price Middle East & Africa Equity Fund recently visited Iran. Here he outlines why many of the assumptions investors have about the country may need a major upgrade.
Georgina Hellyer, portfolio manager at Columbia Threadneedle Investments, outlines the three hottest EM areas investors should be looking at right now.
Insurance and asset management firm Axa is set to become the exclusive provider of insurance products and services through Africa Insurance Group’s (AIG) online retail firm Jumia, as well as via the group’s other online mobile platforms in Africa.
The €1bn of net outflows from emerging market equity funds in December brought total redemptions from the asset class in 2015 to €36.3bn. Though emerging markets everywhere suffered heavily from the commodity price slump, Asia suffered the biggest blows last year.
The ‘humiliation’ of emerging markets, led by China, is currently at an extreme says Bank of America Merrill Lynch.
Outflows from Europe and emerging markets dented UBS Wealth Management’s fourth quarter results, while annual inflows ebbed dramatically standing at less than a third of their 2014 levels.
Vietnam’s market hit bottom in 2012, argues David Roes, and since then his hedge fund has shifted from wider Asean market exposure to a 90% allocation to Vietnam.
Legal & General Investment Management (LGIM) has launched a global real estate index fund and announced the imminent launch of an emerging markets government bond index fund.
Iran-focused asset management and private equity group Griffon Capital has launched Cayman Island-domiciled Griffon Iran Flagship Fund to tap into Iran’s public equity market.
Fund Selector Asia compares the First State Indian Subcontinent Fund with the Matthews Asia India Fund.
Net capital outflows from emerging markets reached an all-time high of $735bn (£514bn, €674bn) in 2015, up almost seven-fold compared to 2014, according to a study conducted by the International Institute of Finance (IIF). The bulk of the outflows relate to China.