When could China onshore bonds be included on global indices?
Three global indices are considering including China’s onshore bonds on their indices, which has the potential for strong capital inflows.
Three global indices are considering including China’s onshore bonds on their indices, which has the potential for strong capital inflows.
Chinese onshore bonds could be included in global benchmark indices as soon as this year, said Carmen Ling, Standard Chartered Hong Kong global head of RMB solutions for corporate and institutional banking.
Returns, generally speaking, have been unexpectedly strong in 2016, according to Chris Iggo CIO of global fixed income at AXA Investment Managers.
More than half (54%) of the respondents surveyed by NN Investment Partners expect institutional investors to raise their exposure to emerging market debt over the next three years despite volatility inducing events like a Federal Reserve rate rise and the Brexit aftermath.
Fair Oaks Capital, a specialist in collateralised loan obligations (CLO), has launched a Luxembourg-domiciled Ucits sub-fund investing across US and European credit assets.
The mere suggestion of a revision of the Bank of Japan’s monetary policy has already had an impact on government bond markets but the uncertainty surrounding the exact shape of governor Haruhiko Kuroda’s plan has left investors divided on whether genuine returns in the sector are possible.
A month after the Bank of England’s stimulus announcement, PIMCO UK credit manager Ketish Pothalingam said there is still untapped value in sterling credit, which he bets will weather a 12-month slowdown in United Kingdom growth.
As France and other parts of the eurozone return to work after an August on the beach or in the countryside, the focus of investors turns once again to Mario Draghi and the European Central Bank.
Nomura Global Dynamic Bond manager Richard ‘Dickie’ Hodges anticipates the Federal Reserve rate hike will trigger a fall in global equity markets by as much as 5-8%.
Concern over credit quality and liquidity as well as transparency issues are barriers to investing in China fixed income and equities, the managers said.
Fidelity International portfolio manager Andy Weir is leaving the fund management industry after 19 years.
Gareth Isaac, co-manager of Schroders’ inflation-linked and strategic bond funds, is leaving to firm to pursue other opportunities.