In the summer of 2015, as the benchmark Shanghai Composite Index surged 60% in a liquidity-fuelled “junk rally,” Anthony Wong found himself in a rare position for a long-only fund manager: he was lagging behind. Wong was referring to the 2015 A-share frenzy, when RMB 2.2 trillion (US$354 billion) in margin debt with brokerages fuelled a 150% market surge in […]

The post US$6bn hedge fund eyes private bank alliances appeared first on Asian Private Banker.

High net worth individuals (HNWIs) in Asia are rotating into emerging market (EM) debt and Japanese equities in the face of a persistent bubble in tech stocks and a weakening US dollar, Nuveen’s Laura Cooper told Asian Private Banker. EM debt has seen increased investor interest this year due to higher yields and attractive valuations, with recent gains and positive […]

The post Asian HNWIs rotating to EM debt and Japan amid dollar weakness appeared first on Asian Private Banker.

Standard Chartered is leaning towards Asia in 2H23, eyeing Japan, Asian equities, and Asia USD bonds, as a way to navigate the challenging market environment. This is part of the emerging markets-focused bank’s strategy for 2H23 to manage the complex challenges currently posed by financial markets. The strategy is billed as “Keep CALM and carry on”. That is, Capitalise on […]

The post Standard Chartered leans towards Asia amid US recession fears appeared first on Asian Private Banker.

China’s consumers unleashed Capping more than three years of COVID-19 isolation, China’s reopening earlier this year marked one of the most significant events in recent market history. After a period of transition towards living with COVID-19, consumption activities have accelerated, as evidenced by the rapid recovery in the dispatch of domestic flights and higher spending on entertainment and restaurants. More […]

The post Rediscovering China’s equity opportunities as borders reopen appeared first on Asian Private Banker.

Bank of Singapore is boosting its equities coverage in China and Hong Kong through a new partnership with Haitong International, a stock brokerage firm and investment bank based in Hong Kong. This is the first time Haitong has provided its research service to a private bank, and “with this landmark partnership, the Bank of Singapore’s coverage of Hong Kong and […]

The post CIO Weekly – Bank of Singapore doubles down on China, Hong Kong equities coverage: Jean Chia appeared first on Asian Private Banker.

Bank of Singapore likes the onshore A-share market, and offshore Chinese equities, such as those listed in Hong Kong, in addition to US and Hong Kong equities. However, if the lender had to pick one from the three subsegments, it prefers A-shares the most for two reasons, China equity strategist Louisa Fok told reporters during a press briefing. “Firstly, we […]

The post China A-shares our most preferred market: Bank of Singapore appeared first on Asian Private Banker.

Stocks remain the best investment in the long-run, a study of financial assets over the last 121 years by Credit Suisse and London Business School has shown, bolstering advice by CIOs of private banks to buy equities on any dips. Global equities have returned 5.3% on average annually versus 2.1% for bonds and 0.8% for bills since 1900, according to […]

The post Keep calm and buy stocks, says 121-year study appeared first on Asian Private Banker.

China’s strong rebound from the COVID-19 pandemic and the relative value of its shares compared to global peers have drawn interest from private bank investors, according to senior executives at the asset management unit of America’s largest bank. The combined assets under management for the JP Morgan China Fund and JP Morgan China A-Shares Opportunities Fund grew about nine-fold to […]

The post Investors are lapping up Chinese shares, with a dollop of alternatives on the side appeared first on Asian Private Banker.

The 245 million retiring baby boomers of China have come under the spotlight: their spending habits and specific needs are spurring growth in key investment themes and structural changes in the country’s retail investor-dominated equity market. The “baby boomers” of China refer to those born in the 1960s, who were blessed to be in their prime time when the country’s […]

The post Capitalising on an ageing China, Credit Suisse introduces thematic equity baskets appeared first on Asian Private Banker.