Advisers see China recovery, India favoured
One in two financial advisers using Cofunds is anticipating a Chinese market recovery, but India looks more promising, according to research from the platform.
One in two financial advisers using Cofunds is anticipating a Chinese market recovery, but India looks more promising, according to research from the platform.
China has been under scrutiny over the past few weeks, and it seems industry sources have a growing concern over the government’s economic reform efforts.
Aberdeen Asset Management looks set to become the first British fund manager to be licensed to operate in China, as a deal with Beijing authorities is expected to complete this week.
S.W. Mitchell Capital’s Stuart Mitchell and Jamie Carter expect up to five years of continued underperformance from European stocks exposed to China and are holding firm with their underweight position.
Old Mutual International has seen the trading volume on its platform more than double following the recent stock market turbulence in China.
Singapore-based fund house Lion Global Investors has worked alongside OCBC Bank to build a private equity fund which invests in small and medium-sized companies in Singapore, Malaysia, Indonesia and China.
The ongoing volatility in Chinese shares, triggered by concern over the country’s growth prospects, has reduced valuations to a point that is creating opportunities for stock pickers, according to some fund managers.
Industry experts come together and select their best investment calls for the post-crash environment.
China-based fund house Manulife Teda will decide on the liquidation of its Qualified Domestic Institutional Investor fund, highlighting the general underperformance of the QDII vehicle.
China’s recent devaluation of the renminbi has created waves in global markets, but appears to be in-line with the government’s long-term goal of internationalizing the currency, says Frank Yao, senior portfolio manager of the Neuberger Berman China Equity Fund.
China and Greece are merely distractions, says Liontrust’s John Husselbee, and investors should be focusing on the US interest rate headline event.
Jean-Sylvain Perrig, chief investment officer of private bank Union Bancaire Privée gives his view on the Chinese market, suggesting investors should avoid exposure to yuan-denominated securities.