This week: Diversify your portfolio across China and the rest of the world: Hang Seng Bank; Commodities will be the biggest winner of China’s reopening: UBS; Inflation about to collapse: Julius Baer Why clients need to diversify: Hang Seng Bank Investors should not place all of their bets on China’s re-opening and ensure they are diversified across markets, according to Belle […]

The post Don’t place all your bets on China: Hang Seng Bank’s Belle Liang appeared first on Asian Private Banker.

Willem Sels, global chief investment officer of HSBC Global Private Banking and Wealth, shared his top views on the market outlook for 2023, outlining the key conviction themes for investors looking to build a resilient portfolio in 2023. The bank believes China will be the leading growth engine in 2023. “What’s interesting is that all economies around the world are at […]

The post CIO Weekly – HSBC GPB’s Willem Sels outlines conviction themes for 2023 appeared first on Asian Private Banker.

In this week’s CIO Weekly, UBS and J. Safra Sarasin weigh up what Bank of Japan governor Haruhiko Kuroda’s major policy change means for investors, while Lombard Odier explains why it remains bullish on China Stay exposed to China assets: Lombard Odier Lombard Odier is sticking to its bullish call on China, despite the threat of a new variant of […]

The post CIO Weekly – Bank of Japan springs Christmas surprise on markets appeared first on Asian Private Banker.

This week: China reopening plays that RBC WM likes; Interest rates to narrow in 2023: J.P. Morgan Asset Management; China to rebound sharply in March: Morgan Stanley China reopening plays that RBC WM likes As China rapidly pivots away from its hardline COVID-zero policy, RBC Wealth Management (RBC WM) has singled out sectors including e-commerce and casinos as likely outperfomers […]

The post CIO weekly – RBC WM is betting on a rebound for Macau casinos appeared first on Asian Private Banker.

This week: Look for extra premium in Asia IG: Nomura IWM; Bullish on Japanese small and mid-cap sector: Lombard Odier; Why European bond markets are attractive: DWS Look for extra premium in Asia IG: Nomura IWM Many private banks have gone for investment-grade (IG) short-duration bonds as their top picks at the moment. Nomura International Wealth Management (IWM) is bullish […]

The post CIO Weekly – Asia IG, security, China reopening are where to invest in 2023: Gareth Nicholson of Nomura IWM appeared first on Asian Private Banker.

This week: Time to look at China again: EFG; Morgan Stanley thinks 2023 is a year for fixed income; The Fed to stop hiking rates next year: Julius Baer Time to look at China again: EFG Swiss pure-play EFG believes China is in a gradual process that will see it reopen next spring, which could benefit stocks in sectors including travel, […]

The post CIO Weekly – Stocks to buy for China’s re-opening: Moz Afzal of EFG appeared first on Asian Private Banker.

“Don’t lose time and always stay involved.” That’s how Credit Suisse’s Nannette Hechler-Fayd’herbe advises women of all generations to think and act about investing. “I say this because you don’t want to suddenly inherit wealth in the midst of unfortunate circumstances, a divorce or a family member passing away, for example, and you suddenly feel quite lost because you don’t have […]

The post CIO Weekly – Credit Suisse’s Nannette Hechler-Fayd’herbe has two tips for female investors appeared first on Asian Private Banker.

This week: China’s stock rout reflects excessive pessimism: Bank of Singapore (BoS); Fed continues its hawkish stance: DWS and BoS  China investors should brace for more volatility: Bank of Singapore While Chinese stocks listed in Hong Kong have risen in the last two days, the Hang Seng Index last week dropped to its lowest level since the Global Financial Crisis (GFC), after the […]

The post CIO Weekly – China stock rout reflects excessive pessimism: Eli Lee of Bank of Singapore appeared first on Asian Private Banker.

This week: China to wait until after party congress to announce new economic policies: Deutsche Bank IPB; Developed countries to face recession risks: UBP; Position for reopening in China: Lombard Odier  China to wait until after Congress to announce new economic policies: Deutsche Bank IPB Deutsche Bank International Private Bank (Deutsche Bank IPB) does not expect any new announcements during […]

The post CIO Weekly – Don’t hold your breath for new measures from CCP’s National Congress: Deutsche Bank IPB appeared first on Asian Private Banker.

This week: Why we like China and Southeast Asia: GSAM; Bank of Singapore forecasts more  earnings downgrade to come Why we like China and Southeast Asia: GSAM Though China is yet to resolve many of its most pressing social and economic challenges, Goldman Sachs Asset Management (GSAM) believes investors can expect economic momentum from the National Congress of the Chinese […]

The post CIO Weekly – Seek opportunities in China and Southeast Asia: Hiren Dasani of GSAM appeared first on Asian Private Banker.

This week: The macro case for China is looking fundamentally more constructive: Credit Suisse; China stimulus must move beyond infrastructure, argues J.P. Morgan PB The macro case for China is looking fundamentally more constructive: Credit Suisse Credit Suisse perceives the Chinese economy as a bright spot, on account of the “meaningful” policy support, in the words of John Woods, its APAC […]

The post CIO Weekly – Why we see China as a bright spot: John Woods of Credit Suisse appeared first on Asian Private Banker.

This week: Too early to say that Fed hawkishness has peaked: J.P. Morgan Private Bank; UBS GWM sees opportunities in China equity market Too early to say that Fed hawkishness has passed its peak: J.P. Morgan Private Bank Despite the likelihood that inflation has peaked, J.P. Morgan Private Bank believes the continued monetary tightening will have a further impact on what is already […]

The post CIO Weekly – Has Fed hawkishness peaked? Too early to say: Alex Wolf of J.P. Morgan Private Bank appeared first on Asian Private Banker.

This week: Deutsche Bank IPB still sees opportunities in Chinese ADRs; Standard Chartered WM strategies strike balance between growth and inflation worries Deutsche Bank IPB still sees opportunities in Chinese ADRs The recent sell-off in Chinese household tech names has fuelled investor concerns about Chinese tech stocks, but Deutsche Bank International Private Bank (IPB) believes the long term opportunities are […]

The post CIO Weekly – ADR delisting risk does not affect solid fundamentals: Jason Liu of Deutsche Bank IPB appeared first on Asian Private Banker.

As private bank clients seek new ideas to shield their portfolios from the sell-off in previously in-favour growth stocks, UBS Global Wealth Management (UBS GWM) believes it has found one theme that is prompting opportunities. Eva Lee, head of Greater China equities for UBS GWM CIO, said Russia’s invasion of Ukraine has resulted in “the era of security”, with nations […]

The post CIO Weekly – How to bulletproof client portfolios in “the era of security”: Eva Lee of UBS GWM appeared first on Asian Private Banker.

This week: J.P. Morgan AM favours IG credit and Asia equities in 2H22; Credit Suisse sees inflation peaking in 3Q22 J.P. Morgan AM favours IG credit and Asia equities in 2H22 J.P. Morgan Asset Management’s high conviction asset allocation call for 2H22 is on Asia equities and investment-grade bonds, explained Tai Hui, Asia chief market strategist. The correlation between the Asia market and […]

The post CIO Weekly – Return to Asia equities and IG bonds in 2H22: Tai Hui of J.P. Morgan AM appeared first on Asian Private Banker.

This week: Credit Suisse sanguine about US growth, upbeat on China; Deutsche Bank IPB sees USD weakening in coming months Credit Suisse sanguine about US growth, upbeat on China Despite US Fed chair Jerome Powell saying on Wednesday that an economic downturn in the US was a distinct possibility, Credit Suisse is more sanguine, believing that there was only a […]

The post CIO Weekly – Sanguine about US growth, despite Fed warning: Jack Siu of Credit Suisse appeared first on Asian Private Banker.

HSBC Global Private Banking (HSBC GPB) is not projecting recessions for major economies, even though it expects the inflation number to stay at an elevated level. The US Consumer Price Index (CPI) readings for May rose to 8.6%, its highest level since 1981, leading to a massive sell-off in the US stock market, with the S&P 500 dropping 7.6% in […]

The post CIO Weekly – We don’t see recessions for major economies: Fan Cheuk Wan of HSBC GPB appeared first on Asian Private Banker.

This week: Allocate to A-shares as China is slowly recovering: Lombard Odier; Peak in US inflation does not mean Fed will be less hawkish: Bank of Singapore; BlackRock favours equities over fixed income as stocks rebound Allocate to A-shares as China is slowly recovering: Lombard Odier The gradual reopening of Shanghai after two months of lockdown signals that China is […]

The post CIO Weekly – Rebuild positions in A-shares as the worst in China is now behind us: Jean-Louis Nakamura of Lombard Odier appeared first on Asian Private Banker.

This week: Why UBP is overweight hedge funds; China needs “wholesale policy U-turns”: J.P. Morgan PB; Bank of Singapore remains cautious on Eurozone Why UBP is overweight hedge funds Alternative investments such as hedge funds could help defend private bank client portfolios amid the global market sell-off in equities and bonds, according to UBP, which points to the attractive income and […]

The post CIO Weekly – Why we are overweight hedge funds: Norman Villamin of UBP appeared first on Asian Private Banker.

This week: Southeast Asia has strong earnings growth outlook: HSBC GPB; Chinese equities offer more upside potential than downside risk: Deutsche Bank IPB; Focus on high-visibility and high-quality earnings streams: UBP Southeast Asia has strong earnings growth outlook: HSBC GPB HSBC Global Private Banking (GPB) has been betting on Southeast Asia, believing that the region will outperform its global peers […]

The post CIO Weekly – Reopening to boost Southeast Asia earnings: James Cheo of HSBC GPB appeared first on Asian Private Banker.

This week: Russia sanctions to feed through to higher inflation: Pictet WM; Ukraine crisis lowers risk of central banks raising interest rates too fast: Lombard Odier; Fed-proposed rate hike in March is smaller than expected: Bank of Singapore Sanctions on Russia will be felt in global economy through higher inflation: Pictet WM Pictet Wealth Management (Pictet WM) is warning investors […]

The post CIO Weekly – ‘Nuclear option’ sanctions on Russia will fuel inflation: Alexandre Tavazzi of Pictet WM 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.

This week: HSBC GPB: More headwinds in China, but high-tech manufacturing will drive growth; DBS prefers hard commodities as hedge against inflation; Standard Chartered WM expects high-beta currencies to play out HSBC GPB: More headwinds in China, but high-tech manufacturing will drive growth HSBC Global Private Banking (GPB) is confident that China can reach a GDP growth of 5.6% this […]

The post CIO Weekly – High-tech manufacturing will be a growth engine for China: Patrick Ho of HSBC GPB appeared first on Asian Private Banker.

This week: Maybank Singapore: Investors unable to withstand China volatility should trim exposure; Fidelity International: Sentiment has taken a bigger knock than fundamentals; PIMCO: Do not expect systemic risk across China’s real estate sector; Pictet Asset Management: Advising clients to increase cash, add volatility hedges. Maybank Singapore: Investors unable to withstand China volatility should trim exposure Despite shares steadying on […]

The post CIO Weekly: Can’t stomach China’s volatility? Cut your losses — Alice Tan of Maybank appeared first on Asian Private Banker.

This week: Credit Suisse: Short-term growth outlook troubled, but strong recovery looms; BlackRock: Not surprising to see the Fed continuing to support the economy; Pictet WM: Some Fed members resist market’s “constant longing for more accommodation”; Deutsche Bank IPB: “Lingering uncertainty” about how quickly earnings will recover in 2021; State Street Global: A combination of alertness and agility is most […]

The post CIO Weekly – Featuring John Woods of Credit Suisse appeared first on Asian Private Banker.

This week: Pictet Wealth Management: Starting to buy EM, going short duration in bonds; Barings Investment Institute: Resurgence of populist politics putting a premium on domestic job creation over opening markets abroad; BlackRock Investment Institute: Downgrading US Treasuries to upgrade inflation-linked peers ahead of US election; StanChart PB: Market weakness an opportunity for investors to average into preferred assets; Bank […]

The post CIO Weekly – Featuring Pictet Wealth Management’s César Pérez Ruiz appeared first on Asian Private Banker.

This week: Noah WM says more opportunities will arise from EM than DM; Credit Suisse PB believes markets overestimating Fed rate cuts; LGT PB plays ‘barbell’ by increasing equities and gold; Pictet WM expects four rate cuts from Fed in 2020; and Standard Chartered PB says gold will benefit from the near-term equity market pullback. More opportunities to arise from EM than DM: […]

The post CIO Weekly – Featuring Noah’s William Ma appeared first on Asian Private Banker.

This week: Bank of Singapore says US equities remain supported ahead; UBS GWM downgrades equities; Pictet WM sees a long-term negative impact of the Hong Kong Human Rights Act bill; Standard Chartered PB: “Worst is over” for Europe; and BNP Paribas WM believes selective value players remain attractive. Bank of Singapore: US equities remain supported ahead Bank of Singapore believes […]

The post CIO Weekly – Featuring Bank of Singapore’s Eli Lee appeared first on Asian Private Banker.

This week: HSBC PB said the Fed to pause over the next two years after the rate cut this week; LGT staying “faithful” to corporate bonds; BNP Paribas WM sees potential investment growth in China next year; Bank of Singapore upgrades Europe stocks; and Deutsche Bank WM expects the Indian economy to recover next year. The Fed to pause over […]

The post CIO Weekly – Featuring HSBC PB’s Fan Cheuk Wan appeared first on Asian Private Banker.

Although the long-term effects on the economy from Brexit remains unclear, in the short run, value stocks and small caps in the country are likely to benefit from the ongoing positive developments of Brexit. “For now, the relief rally has provided a further boost to risk assets already supported by the prospect of a ‘phase one’ US-China trade deal,” the […]

The post Pictet WM: Value stocks and small caps in the UK to benefit appeared first on Asian Private Banker.

This week: Deutsche Bank WM says US equities lack catalyst to break sideways trading; DBS PB’s Hou believes ‘hunt for yield’ will further extend to high-dividend equities; LGT Private Banking says it’s “too early to reduce risks”; Standard Chartered PB expects the USD to peak; and Credit Suisse PB increases equity exposure. Deutsche Bank WM: US equities lack catalyst to break […]

The post CIO Weekly – Featuring Deutsche Bank WM’s Juerg Schmid appeared first on Asian Private Banker.

This week: UBP is advising investors to seek protection in the dovishly toned investment climate; UBS sees carry trade opportunities as the Fed holds rates; BNP Paribas WM believes the USD will continue to benefit from uncertainties; J. Safra Sarasin says large caps will continue to outperform small caps; and Standard Chartered WM expects the S&P 500 to test record […]

The post CIO Weekly – Featuring UBP’s Anthony Chan appeared first on Asian Private Banker.

This week: DBS Bank’s Frank Lee raises concerns over bond-related interest rate risks; UBS Global Wealth Management believes markets are unlikely to see Fed cuts in the coming months; Pictet Wealth Management downgrades global equities; Standard Chartered Private Bank trims EM bond exposure; and J. Safra Sarasin says continued trade tensions provide China with the “perfect narrative” for further loosening […]

The post CIO Weekly – Featuring DBS Bank’s Frank Lee appeared first on Asian Private Banker.

This week: EFG Bank says weaknesses in the bond market could become “buying opportunities”; Bank of Singapore suggests looking to Treasuries when yields are low; Lombard Odier does not anticipate a large-scale sale of China-owned Treasury bonds; Pictet Wealth Management believes the Fed will turn more dovish; and Julius Baer is bearish on the AUD owing to the potential for […]

The post CIO Weekly – Featuring EFG Bank’s Simon Godfrey appeared first on Asian Private Banker.

UBS GWM looks for point of re-entry into Asian bonds; UBP takes profit from alternative fixed income; HSBC PB reveals top four investment themes for 2H19; Julius Baer says Japan offers opportunities beyond its traditional role as a safe haven; and Standard Chartered PB believes AUD drawdown is likely to continue. UBS GWM looks for point of re-entry into Asian […]

The post CIO Weekly – Featuring UBS GWM’s Adrian Zuercher appeared first on Asian Private Banker.

This week: HSBC PB backs Asian HY despite heightened valuations; BNP Paribas WM believes eased policies will cushion trade tensions; Deutsche Bank WM says bonds are not an ideal home for profits taken from equities; DBS Bank identifies “huge growth opportunity” for ESG investing in Asia; and Standard Chartered WM says domestic-focused defensive sectors are safe havens for near-term volatility. […]

The post CIO Weekly – Featuring HSBC PB’s Jeffrey Yap appeared first on Asian Private Banker.

This week: VP Bank remains negative on high yield bonds; Bank of Singapore believes it is “still too early” to buy on dips; UBS GWM sees upside for Asia equities despite heightened trade tensions; DBS Bank urges clients to adopt the ‘barbell’ approach and prepare for the worst; and UBP suggests seeking ‘asymmetric’ exposure to mitigate risk. VP Bank: Be mindful […]

The post CIO Weekly – Featuring VP Bank’s Felix Brill appeared first on Asian Private Banker.

This week: Deutsche Bank WM ups bond exposure, favouring Asia HY and US IG; Julius Baer says trade disputes are not a game changer; UBS GWM advises cash-rich investors to buy on dips; Standard Chartered WM believes USD will peak in the long term; and UBP sees more room for policy easing in Asia. Deutsche Bank WM ups bond exposure, […]

The post CIO Weekly – Featuring Deutsche Bank WM’s Tuan Huynh appeared first on Asian Private Banker.

This week: Indosuez WM takes profit from the bond market given heightened prices; UBS GWM believes the tech sector offers further upside; Standard Chartered WM says capital market valuations are not yet stretched; LGT PB ups IG bond holdings; and Credit Suisse sees short-term opportunities in the banking sector. Indosuez WM takes profit from bond market given heightened prices Indosuez […]

The post CIO Weekly – Featuring Indosuez WM’s Arjan de Boer appeared first on Asian Private Banker.

This week: Nomura WM eyes CoCo bond managers; Pictet WM says inflation poses a “potential risk” to China’s economy; Bank of Singapore believes currency gains will drive EM LC bond returns; Standard Chartered PB thinks AUD gains support commodity-driven economies; and UBS GWM upgrades Taiwan equities to boost cyclicality. Nomura WM eyes CoCo bond managers Nomura Wealth Management is looking […]

The post CIO Weekly – Featuring Nomura WM’s Ng appeared first on Asian Private Banker.

This week: J. Safra Sarasin expects investors to buy on dips in the second quarter; UBS GWM takes profit in Asian HY; Standard Chartered PB believes Europe’s energy sector will outperform; Pictet WM says PBoC will cut RRR again in Q2; and UBP increases Asia equities and EM debt exposure. J. Safra Sarasin expects investors to buy on dips in […]

The post CIO Weekly – Featuring J. Safra Sarasin’s Baertschi appeared first on Asian Private Banker.

This week: HSBC PB’s Cheo advises clients to add EM exposure; Pictet WM expects more rate cuts from the RBI; Standard Chartered WM sees a rebound in US long-term Treasury yields; UBS GWM says EM HC bonds continue to present attractive opportunities; and J. Safra Sarasin believes the equity rally will likely last until the middle of the year. HSBC PB’s […]

The post CIO Weekly – Featuring HSBC PB’s James Cheo appeared first on Asian Private Banker.

This week: DBS Bank forecasts a stronger dollar in 2019 despite Fed’s dovish turn; UBP notes early signs of global economic stabilisation; Bank of Singapore believes oil price rebound signals a positive outlook in demand; UBS GWM upgrades high-grade bonds in latest TAA; and Nomura WM says market is already “overdue for a correction”. DBS Bank sees stronger dollar despite […]

The post CIO Weekly – Featuring DBS’s Hou Wey Fook appeared first on Asian Private Banker.

This week: CreditEase’s head of asset allocation sees US equity downside; Standard Chartered Private Bank finds medium-term upside for GBP; J. Safra Sarasin identifies opportunities in UK equities; Former Fed Chair Yellen said market jitters over balance sheet unwinding are excessive; and Bank of Singapore downgrades Asia ex-Japan equities following “dramatic” rebound. US equities to face increased pressure: CreditEase’s Li […]

The post CIO Weekly – Featuring CreditEase’s Li Lin appeared first on Asian Private Banker.

This week: Bank of Singapore believes “new positive information” is needed to extend global equities rally; Standard Chartered PB says China’s fiscal stimulus could benefit risk assets; UBP favours carry strategies in global TAA; Pictet WM holds a neutral stance on global equities; and UBS GWM takes a “cautious approach” to UK assets. Bank of Singapore’s Quek: “New positive information” needed to drive […]

The post CIO Weekly – Featuring Bank of Singapore’s Sean Quek appeared first on Asian Private Banker.

This week, banks talk China: Following the NPC and CPPCC, DBS Bank maintains its constructive stance on China equities; UBS GWM advises investors to stay long on Chinese risk assets; Standard Chartered PB believes the equities rally is likely to continue given trade deal optimism; Bank of Singapore says there are limits to RMB appreciation; and HSBC PB remains overweight on the […]

The post CIO Weekly – March 2019 Week 1 appeared first on Asian Private Banker.

This week: UBS GWM revises its Asia TAA and says investors should stay long on Chinese equities ahead of the NPC; Bank of Singapore warns investors of a “short-term pullback” in the YTD rally; HSBC PB remains overweight on Chinese stocks as US-China trade talks continue; Standard Chartered PB sees Asia USD bonds outperform amid risk of rising yields; and […]

The post CIO Weekly – February 2019 Week 4 appeared first on Asian Private Banker.

This week: Standard Chartered PB sees uptick in investor interest in China equities, while UBS GWM says the asset class offers “limited upside”; Deutsche Bank WM remains “constructive” on US equities; UBP believes investors should be mindful regarding the YTD rally; and Pictet WM identifies opportunities in EM as global liquidity stabilises. Standard Chartered PB sees an uptick in investor interest […]

The post CIO Weekly – Featuring Standard Chartered PB’s Clive McDonnell appeared first on Asian Private Banker.

This week: Indosuez WM says the services-driven economy will lengthen the business cycle; private banks think the time has come to reduce cash holdings; Standard Chartered Bank increases equity exposure; DBS Bank believes the Chinese e-commerce sector will “continue to shine”; and Deutsche Bank WM expects a dovish Fed to benefit emerging markets. Indosuez WM: Economic business cycle to lengthen […]

The post CIO Weekly — Featuring Indosuez WM’s Marie Owens Thomsen appeared first on Asian Private Banker.

This week: HSBC PB says Wednesday’s Fed meeting supports speculation of a dovish shift; Bank of Singapore adds exposure to Asia and Japan equities; Morgan Stanley’s Garner forecasts 10% upside for the HSI; Deutsche Bank WM believes gold will rally; and UBS GWM advises investors to take advantage of easing China policy via credit. HSBC PB: Last night’s Fed meeting […]

The post CIO Weekly – Featuring HSBC PB’s Fan Cheuk Wan appeared first on Asian Private Banker.

This week: Citi PB’s Wieting says floaters still have “a lot of appeal”; HSBC PB adds exposure to EM equities; Goldman Sachs believes the market is still underpricing 2019 Fed hikes; Deutsche Bank WM rejigs top thematic investment ideas; and J. Safra Sarasin earmarks five asset classes for 2019. Citi PB’s Steven Wieting: Floaters still have “a lot of appeal” Citi […]

The post CIO Weekly – Featuring Citi PB’s CIO, Steven Wieting appeared first on Asian Private Banker.

This week: UBS GWM’s Haefele says markets are underestimating the possibility of US rate hikes in 2019; Citi PB urges investors to “work much harder” on cash holdings; Standard Chartered WM favours EM USD government bonds; UBP believes economic headwinds will trump political risks this year; and DBS Bank considers HY to be a sweet spot. UBS GWM’s Haefele: Markets are […]

The post CIO Weekly – Featuring UBS’s global CIO, Mark Haefele appeared first on Asian Private Banker.

This week: BNP Paribas WM’s Bhayani says US equities will experience limited upside in 2019; UBS GWM believes HY sentiment is improving but that a big rally is unlikely; Pictet WM forecasts a longer-than-expected pause in Fed rate hikes; DBS Bank sees stronger earnings growth in the US; and Sanctum Wealth Management advises investors to focus on Indian domestic markets. BNP […]

The post CIO Weekly – January 2019 Week 2 appeared first on Asian Private Banker.

This week: HSBC PB shares its views on floating rate notes; Bank of Singapore cautions investors on the USD outlook; UBS GWM expects China long-term government bond yields will continue to fall; Pictet WM believes 2019 will be another “back and forth” year for trade tensions; and J. Safra Sarasin thinks seeking high risk-adjusted returns is becoming increasingly difficult. HSBC […]

The post CIO Weekly – December 2018 Week 3 appeared first on Asian Private Banker.

This week: DBS PB says Asian govvies are likely to perform “much better” than they did in 2018; Standard Chartered WM expects Asia ex-Japan equities to see an inflection point; BNP Paribas WM shares its view on recession risks and yield curve inversion; LGT PB urges investors to move to liquid assets; and Nomura believes Asian equities will benefit from increasingly defensive […]

The post CIO Weekly – December 2018 Week 2 appeared first on Asian Private Banker.

This week: Credit Suisse Private Banking upgrades its Asia and China HY return forecasts; UBS GWM reveals four market turning points to expect in 2019; Bank of Singapore says a pause in rate hikes is unlikely; BNP Paribas WM thinks the recent rally will extend to Christmas; and Julius Baer shares its view on the global luxury sector and HNW demand. […]

The post CIO Weekly – December 2018 Week 1 appeared first on Asian Private Banker.

This week: CreditEase advises investors to shift from capital markets to alts; UBS GWM believes ASEAN will fill the production gap widened by trade tensions; Standard Chartered WM recognises the strong pricing power of the US tech sector; DBS says the healthcare sector offers an “oasis of calm” in a volatile market; and J. Safra Sarasin thinks the declining valuations of European […]

The post CIO Weekly – November 2018 Week 4 appeared first on Asian Private Banker.

This week: Julius Baer’s Laxminarayan says market sentiment may outweigh fundamentals in Asian HY; UBS GWM thinks the recent equity selloff is just a bull market correction; Bank of Singapore has better hopes for Asian currencies as oil prices drop; DBS advises investors to adopt barbell approach to growth and income; and BNP Paribas WM talks oil prices. Julius Baer’s […]

The post CIO Weekly – November 2018 Week 3 appeared first on Asian Private Banker.

This week: HSBC PB shares its view on US equities; UBS GWM discusses A-shares following a disappointing Q3 earnings season; DBS Bank tells investors to be aware of falling oil prices; Pictet WM offers its long-term outlook for the RMB; and LGT Private Bank explains why it increased US equities exposure in its TAA. HSBC PB: More promising US outlook, especially […]

The post CIO Weekly – November 2018 Week 2 appeared first on Asian Private Banker.

This week: Standard Chartered Private Bank expects US equities to continue outperforming in the next 12 months; DBS, UBS GWM, Deutsche Bank WM, BNP Paribas WM, and Bank of Singapore react to the US midterm election results and discuss their potential effect on US equities; and Pictet WM believes economic data points to solid momentum in Japan’s economy. Standard Chartered […]

The post CIO Weekly – November 2018 Week 1 appeared first on Asian Private Banker.

This week: Pictet WM’s Chen Dong comments on China’s financial markets; Deutsche Bank WM shares its views on the Brazilian market; Bank of Singapore says additional stimulus is likely to diminish after the US mid-terms; and Standard Chartered PB sees further gains in gold prices. Pictet WM: “Limited room” for PBoC to ease policy further Although China’s central bank has been […]

The post CIO Weekly – October 2018 Week 5 appeared first on Asian Private Banker.

This week: J. Safra Sarasin foresees global growth rates converging next year; EFG discusses Asia’s currency vulnerabilities; Deutsche Bank WM talks up the attractiveness of Chinese equities; and Bank of Singapore considers the possibility of a spiralling CNY. J. Safra Sarasin: Convergence in global growth rates in 2019 Although the US economy has presented itself as a leader in global […]

The post CIO Weekly – October 2018 Week 4 appeared first on Asian Private Banker.

This week, Sanctum Wealth Management urges investors to look at long-term investments after India’s recent equity sell-off; J. Safra Sarasin expects to see higher US bond yields in next 3-to-6 months; UBS GWM’s overweight position on Asian HY bears fruits; and Bank of Singapore believes the US’s trade deficit will widen. “Truly long-term orientation” is investors’ “greatest edge”: Sanctum WM Following […]

The post CIO Weekly – October 2018 Week 3 appeared first on Asian Private Banker.

This week: Bank of Singapore sees increasing investor risk appetite after the sell-off, DBS PB has upgraded Asia ex-Japan equities to overweight from neutral in 3Q18, Asian PBs react to China’s RRR cut, Nomura WM says investors are looking beyond short duration bonds, and UBP believes there is “minimal downside” risk in China’s economic growth. Bank of Singapore: Investors warming to risk […]

The post CIO Weekly – October 2018 Week 2 appeared first on Asian Private Banker.

This week: UBP says appetite for EM Asian bonds has returned; UBS GWM and Pictet WM comment on US Treasury yields; Bank of Singapore shares its view on European assets; and Deutsche Bank WM says trade deficits are not always a negative sign. UBP sees appetite for EM Asian bonds return UBP believes HNW clients’ appetite for emerging market Asian […]

The post CIO Weekly – October 2018 Week 1 appeared first on Asian Private Banker.

This week: Bank of Singapore discusses the improving outlook for EMs as investors get comfortable with rate hikes; Standard Chartered Wealth Management expects USDCNH to stabilise; J. Safra Sarasin believes yield curve reversion doesn’t spell disaster for equities; and UBS Global Wealth Management sees a “significant overvaluation” of housing markets in most major developed market financial centres. BoS: Better outlook […]

The post CIO Weekly – September 2018 Week 4 appeared first on Asian Private Banker.

This week: DBS Bank comments on the worsening “pain” in emerging markets; UBP sees attractive opportunities in China’s banking sector; Nomura Wealth Management talks about low-vol strategies; and Bank of Singapore reviews the “positive risk-reward” in Asian ex-Japan shares. DBS’s Lee: The “pain” in EM to get worse Recession risks across emerging markets (EMs), interest rate hikes in developed markets […]

The post CIO Weekly – September 2018 Week 3 appeared first on Asian Private Banker.

This week: Credit Suisse Private Banking shares its take on emerging market bonds, LGT Private Banking comments on US and emerging market equities, Pictet WM revises up its Japan GDP forecast, Bank of Singapore cautions that a tight labour market indicates inflation risks in the US, and J. Safra Sarasin reduces European inflation forecast for next year. Credit Suisse Private Banking: “Interesting entry opportunity” […]

The post CIO Weekly – September 2018 Week 2 appeared first on Asian Private Banker.

This week: Nomura Wealth Management cautions investors to be aware of tail risks; Crestone Wealth Management prefers Australian over global fixed income; J. Safra Sarasin believes the Fed’s fiscal stimulus will extend the economic cycle for at least another two years; and DBS says China’s data centre sector is set to grow rapidly despite oversupply concerns.  Nomura WM: Watch out […]

The post CIO Weekly – September 2018 Week 1 appeared first on Asian Private Banker.

This week: UBS GWM’s Asia CIO shares his views on how investor appetite has changed, Bank of Singapore says a rising US trade deficit indicates renewed tensions, DBS believes a flattening Phillips curve augurs well for corporate margins in the US, Deutsche Bank WM reveals three long-term challenges facing the Indian economy, and BNP Paribas WM sees moderate dollar weakness going into […]

The post CIO Weekly – August 2018 Week 5 appeared first on Asian Private Banker.

This week: Deutsche Bank WM’s APAC CIO shares its US equity outlook view with Asian Private Banker, Pictet WM forecasts further downside in Japan’s economy, Sanctum WM expects markets to buy on dips in Indian equities, and DBS Bank explains the disruptive impact third-party payment platforms have on Chinese banks’ profitability. Deutsche Bank WM: US equities to lose lustre to European and Asian stocks […]

The post CIO Weekly – August 2018 Week 4 appeared first on Asian Private Banker.

This week: UBS shrugs off yuan worries while BNP Paribas Wealth Management, Deutsche Bank Wealth Management, and Bank of Singapore talk Turkey. UBS Global Wealth Management: Should investors worry about the tumbling yuan? UBS Global Wealth Management revised its yuan forecast downwards amid headwinds for the currency and explored its overall impact. The bank revised its three-, six- and 12-month […]

The post CIO Weekly – August 2018 Week 3 appeared first on Asian Private Banker.

This week: UBS talks yen, J. Safra Sarasin comments on a week of central bank announcements, Deutsche Bank Wealth Management reiterates its preference for the tech sector, and BNP Paribas Wealth Management favours financials and healthcare in 2H. UBS Global Wealth Management: BoJ cuts chance of JPY rally According to UBS Global Wealth Management, the recent surprise announcement to keep […]

The post CIO Weekly – August 2018 Week 2 appeared first on Asian Private Banker.

This week: Bank of Singapore advises investors to add EM bond exposure following the sell-off; UBS Global Wealth Management expresses doubts that China is using CNY as a trade weapon; J. Safra Sarasin is sceptical about the recent BoJ policy change rumours; Credit Suisse Private Banking believes SREITs are an attractive option in the current risk-off markets; and BNP Paribas […]

The post CIO Weekly – August 2018 Week 1 appeared first on Asian Private Banker.

Welcome to Asian Private Banker’s latest CIO Weekly, a focused roundup of key views and comments from private banking CIOs on the state of global markets and macroeconomics. This week: UBS GWM shifts to a neutral view on risk assets, Deutsche Bank WM expects outstanding US GDP growth for the second quarter compared to other major economies, UBP forecasts two […]

The post CIO Weekly – July 2018 Week 4 appeared first on Asian Private Banker.

Welcome to Asian Private Banker’s latest CIO Weekly, a focused roundup of key views and comments from private banking CIOs on the state of global markets and macroeconomics. This week: UBS Global Wealth Management shares its positive outlook on a selection of China onshore markets, J. Safra Sarasin downgrades its forecast for major export-oriented equity indices, , Standard Chartered Wealth […]

The post CIO Weekly – July 2018 Week 3 appeared first on Asian Private Banker.

Welcome to Asian Private Banker’s latest CIO Weekly, a focused roundup of key views and comments from private banking CIOs on the state of global markets and macroeconomics. This week: J. Safra Sarasin shares its positive view on US equities, Bank of Singapore comments on the USD, LGT urges investors to be cautious of long-dated bonds, Pictet WM expects ongoing tariffs to […]

The post CIO Weekly – July 2018 Week 2 appeared first on Asian Private Banker.

Welcome to Asian Private Banker’s latest CIO Weekly, a focused roundup of key views and comments from private banking CIOs on the state of global markets and macroeconomics. This week: DBS Wealth Management downgrades its view on equities, UBS urges investors to stay invested and not rush to take profits, J. Safra Sarasin shares its relatively negative view on financials, […]

The post CIO Weekly – July 2018 Week 1 appeared first on Asian Private Banker.

Welcome to Asian Private Banker’s latest CIO Weekly, a focused roundup of key views and comments from private banking CIOs on the state of global markets and macroeconomics. This week: Credit Suisse Private Banking shares its views on the European economy and the region’s equities, J. Safra Sarasin and BNP Paribas Wealth Management comment on trade tensions, UBS Global Wealth […]

The post CIO Weekly – June 2018 Week 4 appeared first on Asian Private Banker.

Welcome to Asian Private Banker’s latest CIO Weekly, a focused roundup of key views and comments from private banking CIOs on the state of global markets and macroeconomics. This week: UBS, Julius Baer, Bank of Singapore and UBP talk US-China trade war given increased potential for escalation. UBS Global Wealth Management: 30% chance of a full-blown trade war According to […]

The post CIO Weekly – June 2018 Week 3 appeared first on Asian Private Banker.

Welcome to Asian Private Banker’s latest CIO Weekly, a focused roundup of key views and comments from private banking CIOs on the state of global markets and macroeconomics. This week: Credit Suisse advises investors to buy Singapore on the dip; UBS Global Wealth Management is optimistic about the TOPIX in H2; Bank of Singapore believes the Fed should rate hikes […]

The post CIO Weekly – June 2018 Week 2 appeared first on Asian Private Banker.

Welcome to Asian Private Banker’s latest CIO Weekly, a focused roundup of key views and comments from private banking CIOs on the state of global markets and macroeconomics. This week: Bank of Singapore expresses wariness over US recession risk in 2020; J. Safra Sarasin calls EM debt fears “out of tune”; BNP Paribas Wealth Management highlights resilient economic growth in China; […]

The post CIO Weekly – June 2018 Week 1 appeared first on Asian Private Banker.

Welcome to Asian Private Banker’s latest CIO Weekly, a focused roundup of key views and comments from private banking CIOs on the state of global markets and macroeconomics. This week: J. Safra Sarasin talks about Europe and its shaky macro state; Bank of Singapore goes neutral on European equities following intensifying risks in Italy; HSBC Private Banking unveils its top […]

The post CIO Weekly – May 2018 Week 5 appeared first on Asian Private Banker.

Welcome to Asian Private Banker’s latest CIO Weekly, a focused roundup of key views and comments from private banking CIOs on the state of global markets and macroeconomics. This week: J. Safra Sarasin shares its view on oil prices and emerging markets; Bank of Singapore comments on the European economy and the cancellation of Trump-Kim talks; UBS speaks on US-China […]

The post CIO Weekly – May 2018 Week 4 appeared first on Asian Private Banker.

Welcome to Asian Private Banker’s CIO Weekly, a focused roundup of key views and comments from private banking CIOs on the state of global markets and macroeconomics. This week: LGT and J. Safra Sarasin share their tactical asset allocation updates, UBS and UBP comment on the inclusion of China A-shares in MSCI, and Julius Baer updates commodities view. LGT: US […]

The post CIO Weekly – May 2018 Week 3 appeared first on Asian Private Banker.

Welcome to Asian Private Banker’s CIO Weekly, a focused roundup of key views and comments from private banking CIOs on the state of global markets and macroeconomics. This week: Bank of Singapore wades in on the recent US-China trade talks; Lombard Odier says USD strength is temporary and central banks will demonstrate an “instinct for survival”; UBS predicts a reversal […]

The post CIO Weekly – May 2018 Week 2 appeared first on Asian Private Banker.

Welcome to Asian Private Banker’s CIO Weekly, a focused roundup of key views and comments from private banking CIOs on the state of global markets and macroeconomics. This week, VP Bank and BNP Paribas discuss the flattening yield curve, Bank of Singapore and Julius Baer provide assurance on potential sharp rises in yields, and UBS discusses China’s unexpected RRR cut. […]

The post CIO Weekly – May 2018 Week 1 appeared first on Asian Private Banker.

Welcome to Asian Private Banker’s CIO Weekly, a roundup of key views and comments from private banking CIOs on the state of global markets and macroeconomics. This week, J. Safra Sarasin and Bank of Singapore make their case for healthy growth and a world economy approaching conditions closer to “normal”, UBS Wealth Management tells APAC investors that it’s too early to turn […]

The post CIO Weekly – April 2018 Week 4 appeared first on Asian Private Banker.

With China’s equity market rout last week, growth forecasts of global economies still dim and expectations of monetary loosening in Japan and Europe, the rotation to equity seems to be delayed once again. And understandably, the markets flight to safe haven assets coupled with Asia’s ongoing demand for yield has led investment themes to make a return to bonds. What say the […]

The post Weekly CIO Views: Another year for fixed income? appeared first on Asian Private Banker.

The China blue chip CSI 300 index dropped an aggregate 12% over the past five days, triggering the newly-implemented circuit-breaker twice after two, rather violent, 7% falls. This publication’s weekly poll, posted on Monday with over 40 responses so far, asked our readers how this affects sentiments for the year. Intriguingly, while the majority of over 20 voters, or 53%, voted between […]

The post CIO Views Weekly: China bear unleashed appeared first on Asian Private Banker.

As the yuan has finally been included as part of the prestigious Special Drawing Rights (SDR) basket following the announcement of the International Monetary Fund (IMF) meeting this week. Despite the fact that being in the SDR will not trigger significant inflows or outflows immediately, the symbolic meaning of the yuan becoming a global reserve currency is great nonetheless. However, […]

The post Weekly House View: Yuan joins SDR against the backdrop of a strong USD appeared first on Asian Private Banker.

Both SENSEX and Nifty have fallen to its one month low this week, despite seeing some rebound toward the weekend. Furthermore, with energy prices slumping and inflation running at record lows, the Reserve Bank of India may have to cut rates further and for the fifth time since September. What say the private banks? Deutsche Asset & Wealth Management Positive […]

The post Weekly House View: Will India cut further? appeared first on Asian Private Banker.

Japan’s Q3 GDP result shows that the Asian giant has once again fallen into recession. Yet, the Nikkei actually hiked to a month’s peak, with the market seemingly ignoring the weak external and domestic demands in Japan. Also, as Japan struggles to hit the inflation target for various reasons, such as prolonged steeping of oil prices, the Bank of Japan […]

The post Weekly House View: The word on Japan appeared first on Asian Private Banker.