Fund managers ditch Japan stocks amid gloomy outlook

Fund Managers

Joe Marsh

Aug 14, 2019

Despite being seen as undervalued, Japan's equity market faces multiple challenges that are deterring allocators, finds Bank of America Merrill Lynch’s fund manager survey.

Global fund managers are the most negative they have been on Japanese equities for six-and-half-years amid global trade uncertainties and domestic market weakness, and against a hugely bearish...

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Barings's ex-head of sovereigns joins ETF firm; HSBC Securities Services gets new client head; AQR pares Asia sales team; KKR appoints Asia-Pacific tech investment head; CGS-CIMB hires chief investment strategist; EFG poaches IAM team from UBS; First State names head of investment product research; HSBC GAM has management reshuffle and more.

Moves

Mar 20, 2020

Staff Writers

KIC appoints new deputy CIO; SSGA loses HK head of ETFs; Ping An AM portfolio manager exits; Bridgewater China hires tech head; Vanguard names new Asia head; BlackRock hires Apac head of iShares; CBRE Greater China advisory head departs and more.

Fund Managers

Mar 20, 2020

Joe Marsh

The US firm's former Singapore chief is on gardening leave. Sources say he will take up an institutional client-focused role in Hong Kong at another large fund house.

Asset Owners

Mar 24, 2020

Hans Poulsen

The coronavirus pandemic are challenging investment strategies in more than one way. But the postponement of upcoming tighter regulations might provide a ray of light.

Asset Owners

Mar 24, 2020

Joe Marsh

With oil-producing countries hit hard by the crude price crash, their state institutions will have to dump liquid assets and, by default, raise private market allocations, say industry experts.

Moves

1 day ago

Joe Marsh

The institutional fund distribution platform is pressing ahead with its second Asian branch, despite uncertainty following months of protests and, more recently, the coronavirus.

Asset Owners

2 days ago

Hans Poulsen

The incoming president of the world’s largest pension fund will need to oversee a freer hand in foreign asset allocation and appoint a new CIO, with Hiromichi Mizuno leaving.

Asset Owners

Mar 19, 2020

Staff Writers

Nine experts share their takes on how institutional investors can best respond to what seems to be a spiralling bond market rout.

Asset Owners

Mar 27, 2020

Jolie Ho Richard Morrow

As markets continue to gyrate, some of the island's larger insurers have sought to take advantage while smaller players are struggling with weaker capital positions.

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Mar 25, 2020

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Simple-to-use tools that can reduce business travel have long been available. The coronavirus is forcing us now to use them, and the climate could benefit.

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Fund Managers

10 hours ago

Staff Writers

China appears to have largely fought off the coronavirus, while the US is yet to hit peak contagion. How are investors viewing each market?

Fund Managers

13 hours ago

Jolie Ho Joe Marsh

The Hong Kong fund house has laid off senior executives, including its Southeast Asia head and managing director for alternative products, as it moves to rationalise its business further.

Asset Owners

14 hours ago

Joe Marsh

Continuity in asset allocation and investment strategy is widely expected at the world’s largest pension fund as it replaces Hiromichi Mizuno with an experienced banker.

Asset Owners

1 day ago

Hans Poulsen

Some of the country’s pension funds are benefiting from years of diversification efforts, although the pandemic’s fallout has made investment execution harder.

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