Productivity will be decisive factor in 2015 returns – BlackRock
Global productivity may be in a cyclical trough warned BlackRock’s Ewen Cameron Watt, and failure to deliver an upturn could have significant ramifications across financial markets.
Global productivity may be in a cyclical trough warned BlackRock’s Ewen Cameron Watt, and failure to deliver an upturn could have significant ramifications across financial markets.
Post April’s retirement reforms, BlackRock has said 83% of clients of its workplace pensions business have taken all of their savings in cash.
BlackRock has moved to tackle the increased currency risk environment with the launch of a hedged European equities ETF.
China’s inclusion in the MSCI emerging market indices is a matter of when, not if, and the resulting capital inflows will have substantial impact on Hong Kong’s market, said Helen Zhu, Blackrock’s head of China equities.
Some segments are trading at 80-100 times price-to-earnings and there are “signs of exuberance” in the domestic market, said Andrew Swan, BlackRock’s head of Asian equities.
The Federal Reserve has kept interest rates on hold in its latest meeting as expected, and the tone of Chair Janet Yellen’s comments indicated that when it comes the rise will be less than was anticipated.
With liquidity shrinking, volatility rising and the spectre of a first rate hike since 2009 looming ominously, it would be understandable to think that new bond fund launches would be few and far between.
Inflows into the European exchange-traded fund space hit their lowest ebb for six months in May, according to a BlackRock report.
A closing of the gap between the real economy and financial market recovery is promising, says BlackRock’s Justin Christofel, but thin margins of safety mean investors must tread carefully.
Fixed income investors in emerging markets should sacrifice positive carry to prepare for an impending taper tantrum, according to BlackRock’s Sergio Trigo Paz.
This week, China’s central bank announced a cut in its benchmark interest rate, the third time since November, in attempt to combat an economic slowdown and relieve deflationary pressures.
Flows into broad emerging market equity ETPs were the strongest since last August, BlackRock said on Monday.