Oil ETFs roll out in Hong Kong
South Korean-based Samsung Asset Management and Mirae Asset Global Investments along with China’s CSOP Asset Management are among the firms planning to launch crude oil exchange traded funds (ETFs) in Hong Kong.
South Korean-based Samsung Asset Management and Mirae Asset Global Investments along with China’s CSOP Asset Management are among the firms planning to launch crude oil exchange traded funds (ETFs) in Hong Kong.
Returns from mainland funds might look attractive to overseas investors, but be aware of the differences in product design and investment style, said Morningstar China director of manager research, Rachel Wang.
Tourism is going to be one of the most compelling consumer stories to come out of China during the coming decade, according to Macquarie Investment Management.
However, Japan is among the markets least likely to outperform this year, according to a sentiment survey of 1,200 institutional and professional investors conducted by Credit Suisse.
Recent high yield bond market gains may dwindle due to volatility and weak global growth, according to Nicolo Carpaneda, investment director, fixed income at M&G.
A lack of quality investment targets will pose a challenge for Chinese wealth managers this year, a new report by Cerulli Associates said.
Despite resources such as oil, gas and coal being “negatively hit by the slowdown in growth in China”, it’s not all doom and gloom as Chinese consumers “continue to buy more than ever”, according to a recent report published by Fidelity International.
China Post & Capital Global Asset Management has acquired 10 Europe-listed ETFs from Royal Bank of Scotland as RBS continues its strategy of selling its non-core UK businesses.
China’s lower infrastructure spending is expected to slow long-term demand for commodities, according to GAM.
Asset management firm Barings predicts that strong growth in makeup, Botox, electric vehicles and driverless cars in China will drive performance of its Asian funds, according to head of Asian equities, HyungJin Lee.
The biggest portfolio risk this year is not yet priced into the market, said Kevin Liem, chief investment officer at wealth management firm TTG in Hong Kong.
The firm believes “lower for longer” will apply to energy prices, inflation and interest rates over the next five years.