A Democrat win may negatively hurt US growth, but whether Trump or his blue counterpart win the election, expectations of lower global rates will spark a renewed search for more attractive yields elsewhere. Asia presents opportunities for a yield pickup.
What will be the dominant market drivers in the global economy next year? Markus Schomer, chief economist of PineBridge Investments, sees a three-way toss-up between macro, policy, and politics.
The backdrop for Hong Kong dollar bonds appears supportive for those investors seeking tried-and-tested assets to weather the uncertain macro outlook.
The $14 billion fund has set ambitious targets to raise allocation to global securities and alternative investments in a drive to squeeze higher returns from its portfolio.
US research highlights the dominance of China and Asia in global mutual fund and ETF flows to emerging markets, revealing a startling imbalance between equity and bond allocations.
The initial batch of four products listed in Hong Kong, which attracted $6.4 billion in inflows last year, suffered a combined exodus in February, raising questions for future launches.