UBS WM bullish on Europe, China
A strong overweight on equities in Europe and a surprising move on emerging markets are among UBS’s allocation calls for 2016, according to Patrick Grossholz, Asia-Pacific head of investment management.
Author: Drew Wilson
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IMF: RMB goes into the currency basket
China’s renminbi has been included in the special drawing rights currency basket, according to yesterday’s IMF executive board decision.
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RMB and SDR: symbolic or practical?
China’s RMB is widely expected to be included in the IMF’s currency basket, but the event seems to be more about national pride than market impact.
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SLI adjusts fund to VW impact
Volkswagen’s emissions scandal has implications for European automotive sector equities, said Andrew Millington, Standard Life Investment’s investment director of European equities.
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Is making Japan Post private a game changer?
The November IPO of Japan Post could prove to be a transformative event because it has the potential to activate the country’s retail investor base, according to WisdomTree Europe.
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Financial sector shuffling eases volatility
Guy de Blonay, who manages a financial equities fund for Jupiter AM, reveals two strategic allocation decisions that have helped performance through a year of volatility.
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RMB inclusion gets support from IMF head, US
China’s bid to have the renminbi included in the IMF’s Special Drawing Rights basket now has support from the head of the IMF and the US Treasury Secretary.
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Asia sees huge outflows from mixed asset
About $105bn flowed out of mixed asset products in Q3, and total net flows from retail investors were down by more than half, according to data from Strategic Insight.
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Fed inaction prompts Barings allocation moves
In view of the US rate hike that didn’t happen, Sonja Laud, head of multi-asset income at Baring AM, made some recent tactical allocations.
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China policies unnerve Arbuthnot Latham
Discretionary wealth manager Arbuthnot Latham has slashed its China allocation and invests in only two funds for its Asia exposure, said Peter Doherty, investment manager for the London-based private bank.
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StanChart adds funds to align with views
Three recent fund choices reflect Standard Chartered Private Bank’s views on the overweights it made a few weeks ago, said Steve Brice, chief investment strategist for group wealth management.
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Prolonged EM deceleration possible – EIU
Growing concerns in China and other emerging markets could lead to “a prolonged deceleration” and have a “severe knock-on effect across the EU and the US”, according to the most recent report on risk by the Economist Intelligence Unit.