How should investors respond as the US Federal Reserve and other central banks rush to stabilise markets convulsed by the coronavirus outbreak?
The $1 trillion US fund house is fast adding staff in Hong Kong across investment and sales, as other asset managers consolidate or retrench in the region.
Crude oil prices have surged to three year highs, hitting $77.7 per barrel on May 10. We asked six experts whether this trend will continue and what it means for Asian investors.
Investors are concerned by the high valuations and increasing risk in equities, but are keeping their allocations due to a lack of alternatives and more upside potential, say experts.
Mobius hands reins to Dover; Eastspring names investment services head; T. Rowe Price hires Japan chief; UBS WM adds vice-chairman; RBC WM appoints SE Asia head; Fullerton hires in fixed income; new Northern Trust sec lending head; State Street buys GE AM; Citi poaches ANZ economist; DBS hires tech head; and HK SFC shuffles committees.
Ed Bernard, vice-chairman of T Rowe Price, discusses the Baltimore firm's investment in Indian asset management company Unit Trust of India.