Pandemic-fuelled turbulence and policy risk concerns will have little impact on the long-term investment value of the China stock market, making it attractive to international investors.
China's sovereign wealth fund's 2020 returns may have declined, but the fund remains upbeat about US equities, external managers and the prospects for the Greater Bay Area
The sovereign wealth fund has been reducing flexibility and increasing risk to the portfolio as the fund keeps a watchful eye on changes to the macro environment.
State-backed Chinese investors will bail out Huarong Asset Management, which unveiled $15.9 billion losses; Hong Kong insurer FWD planning $3 billion IPO in the US; MPF posts 28% investment return and 35% jump in assets; Korea's Poba seeks two managers for multi-asset mandate; NPS divests entire 11.5 million shares in General Electric; Malaysia's PNB and Khazanah pledges to increase sustainable investments; and more
With social equality and national security being the main drivers for further regulations, investors are keeping a wary eye on the next possible targets.
Covid and digitalisation will have an impact on investments in Asean markets, although in the long run, the outlook is generally positive for the region, Eastspring experts said.