J.P. Morgan Asset Management (J.P. Morgan AM) is accelerating its efforts to capture growing opportunities in Taiwan’s exchange-traded fund (ETF) market, a key pillar of the local government’s ambition to position it as an Asian asset management hub. The US firm has expanded its local ETF lineup with the listing of an actively managed derivative-income ETF which invests in Taiwan […]

The post J.P. Morgan AM accelerates ETF push in Taiwan amid wealth boom appeared first on Asian Private Banker.

Galloping into the Year of the Fire Horse, the race continues among private banks and asset managers to see who can distribute the most spectacular red packets to clients. More than just traditional gifts for family and friends, these laisee, or hongbao, have morphed into cult collectables, often trading on secondary markets for prices that rival the currency inside. Horses […]

The post Vote now: Who has the best red packets in Year of the Horse? appeared first on Asian Private Banker.

J.P. Morgan Asset Management (JPMAM) has named a head of Asia ex-Japan investment specialists within its Global Fixed Income, Currency & Commodities (GIFCC) group. Based in Hong Kong, Swa Wu has been appointed as the head of investment specialists for Asia ex-Japan within JPMAM’s GFICC group, the asset manager announced in a statement on Wednesday. Wu will report to Jemma […]

The post Veteran rejoins JPMAM to lead investment specialists in Asia appeared first on Asian Private Banker.

J.P. Morgan Asset Management (JPMAM) believes Asian wealth investors should expect more volatility and uncertainty ahead, making the case for building a globally diversified portfolio more critical than ever. “We are starting to see a framework of what type of agreement we can expect with Asian economies, and arguably, for lots of the US trade partners,” Tai Hui, the firm’s […]

The post “Expect more volatility”: J.P. Morgan says going global is no longer optional appeared first on Asian Private Banker.

The former head of private bank distribution for J.P. Morgan Asset Management (J.P. Morgan AM) has joined Wellington Management, Asian Private Banker understands. Chia Chia Chng has recently joined the Boston-headquartered asset management firm as head of South East Asia, Global Wealth, reporting to Roy Smale, partner, Global Wealth Management. Wellington Management manages approximately US$1.4 trillion in assets globally. Its […]

The post Wellington snaps up ex-J.P. Morgan AM private bank distribution head appeared first on Asian Private Banker.

Private banks and asset managers are setting their sights on safe-haven assets like gold and selective Asia markets after US President Donald Trump slapped a multitude of allies with hefty new tariffs. Markets were shaken in Asia on Thursday after Trump imposed significant new tariffs on a variety of countries and industries, in what had been billed as a ‘Liberation […]

The post Liberation Day: How J.P. Morgan and UBS are navigating Trump’s tariff salvo appeared first on Asian Private Banker.

Asset managers are increasingly muscling into Asia’s US$1.8 trillion exchange-traded fund (ETF) space, as they seek to capitalise on growing demand among the region’s wealth clientele for low-cost and liquid investment solutions. From discretionary portfolio management (DPM), to tactical trading and granting access to hard-to-reach platforms, ETFs are becoming a more prominent component of private banks’ offerings in Asia. In […]

The post ETFs in Asia: A US$1.8tn wealth opportunity for asset managers? appeared first on Asian Private Banker.

When it comes to driving returns for clients, transport assets may be putting portfolios on the right track. But could this be derailed by trade and tariff volatility? Panellists at Asian Private Banker’s Alternatives in Focus 2025 event in Hong Kong explain. For J.P Morgan Asset Management, the firm is seeing rising interest in transport assets from the private wealth […]

The post Alts in Focus 2025: How transport assets can drive returns for wealth clients appeared first on Asian Private Banker.

J.P. Morgan Asset Management (JPMAM) has named a new CEO for Japan, the firm said on Monday. Kaguya Komatsu will take up the role, effective March 2025. Komatsu succeeds Shoichi Ohkoshi, who will become chairman of JPMAM Japan. Both Komatsu and Ohkoshi will report to Dan Watkins, Asia CEO of JPMAM. In her new role, Komatsu will drive the strategic […]

The post JP Morgan AM names new CEO and chairman for Japan appeared first on Asian Private Banker.

With the year of the snake approaching, competition between private banks in Asia is hotting up when it comes to who can distribute the most dazzling red packets to clients. These envelopes – known as laisee or hongbao – are traditionally given to family members and friends. However, they can also be highly sought-after collectors’ items and fetch a premium […]

The post Vote now: Who has the best red packets in Year of the Snake? appeared first on Asian Private Banker.

J.P. Morgan Asset Management (JPMAM) has appointed a head of intermediary business for Hong Kong, the firm announced on Wednesday. Supreet Bhan will join effective 1 April, subject to regulatory approval. In this newly-created role, Bhan will be based in Hong Kong and report to Elisa Ng, CEO of Hong Kong at JPMAM. With over two decades of sales experience […]

The post JP Morgan Asset Management names head of intermediary business for Hong Kong appeared first on Asian Private Banker.

By Jonathan Liang, CFA, head of fixed income investment specialists for Asia ex-Japan From rhetoric to reality As the dust settles on a consequential election year, fixed income investors face the challenge of sifting through credible policy promises amidst the bluster of political rhetoric. In the US, potential deregulation and tax cuts could support business sentiment and boost growth. However, […]

The post Bonds: Still attractive amid higher rates appeared first on Asian Private Banker.

Donald Trump is set to become the 47th US president after what looks like a resounding victory over Democrat rival Kamala Harris. Underscoring the powerful red wave that has swept across the US, the Republican party is also poised to win both chambers of Congress. With these crucial main levers of government power under Republican control, private bank and asset […]

The post MAGA! What does resounding Trump win mean for PB portfolios? appeared first on Asian Private Banker.

J.P. Morgan Asset Management’s (JPMAM) Hong Kong private banking distribution head has left the firm, Asian Private Banker has learnt. Dennis Yang, who worked for the US$2.9 trillion asset manager for only two years, has left the firm, according to people familiar with the matter. Based in Hong Kong, Dennis Yang joined the firm in September 2022. He reported to Elisa Ng, […]

The post J.P. Morgan AM’s Hong Kong private banking distribution head departs appeared first on Asian Private Banker.

Dividend equities may play an important role in portfolios as investors navigate a more challenging market environment marked by slowing growth, higher interest rates, and elevated geopolitical risks. The case for global dividend equities As we enter a more challenging market environment marked by stickier inflation, higher-for-longer interest rates, elevated equity valuations and rising geopolitical risks, dividend equities could play […]

The post Padding for portfolios: The role of dividend equities appeared first on Asian Private Banker.

When it comes to interest rates, Japan and the US are heading in opposite directions. The Bank of Japan (BOJ) this week delivered a 15 bps rate hike and raised the upper bound of its target rate to 0.25%, in addition to announcing plans for quantitative tightening to gradually reduce its monthly outright purchases of Japanese government bonds. That could […]

The post Japan hikes rates, US set to cut: Here’s what it means for markets appeared first on Asian Private Banker.

Positive earnings beat, a soft-landing outcome and the potential for Fed easing later this year could present significant tailwinds for US stocks. Nevertheless, we believe it is important to stay mindful of the downside risks. An active approach could be useful to tap into higher-quality opportunities amid wide intra-sector valuation and performance dispersion while managing the risks. The outlook for […]

The post The case for US equities after a record quarter appeared first on Asian Private Banker.

The group of outperforming US tech stocks, The Magnificent Seven, were responsible for much of the gains of the S&P 500 in 2023. However, J.P. Morgan Asset Management (JPMAM) believes it is now time for investors to look to the other 493 stocks and pick winners and losers among the seven, as, after all, not all cowboys survive to the […]

The post CIO Insight: It’s time to retire the Magnificent Seven, says JPMAM appeared first on Asian Private Banker.

Private banks and asset managers have been adding on-the-ground teams onshore in China in recent years with Asia’s largest economy simply too big to ignore for many. However, China is proving a tough nut to crack for global firms as progress remains limited and restricted to piecemeal and select schemes. Moreover, areas in which China has opened its wealth market […]

The post Deep Dive: Is onshore China more trouble than it’s worth? appeared first on Asian Private Banker.

The pause before the pivot Federal Reserve (Fed) officials and market participants seemingly agree on one thing in their outlook for 2024: they expect interest rates to decline. While both parties agree on the general direction of interest rates, they disagree on the pace at which this could happen. Market participants appear to be discounting an earlier and more aggressive […]

The post Bonds regain their lustre as policy easing looms appeared first on Asian Private Banker.

 Jonathan Liang, Head of Asia ex-Japan Fixed Income Specialists at J.P. Morgan Asset Management, shares his outlook on the bond markets. After two years of brutal interest rate hikes, attractive income opportunities can be found across the global fixed income universe. A resilient economy and retreating inflation could create a constructive backdrop for fixed income investments.

The post Fixed income outlook: Back to regular programming appeared first on Asian Private Banker.

J.P. Morgan Asset Management (JPMAM) has entered into a strategic partnership with Thailand’s Kasikorn Asset Management (KAsset), the asset management arm of Kasikornbank (KBank), to bring global investment solutions to Thai clients, the asset managers announced on Wednesday. Under this strategic partnership, JPMAM will leverage KAsset’s local presence and knowledge to offer its global investment solutions to Thai investors. KAsset […]

The post JPMAM enters into strategic partnership with Thailand’s KAsset appeared first on Asian Private Banker.

J.P. Morgan Asset Management (JPM AM) has announced the appointment a new CEO for its Singapore and South East Asia (SEA) market, subject to regulatory approval. Ayaz Ebrahim, currently a portfolio manager and co-head of the APAC regional team within emerging markets and Asia Pacific (EMAP) equities, will be new CEO. He will retain his investment responsibilities within the EMAP […]

The post J.P. Morgan AM names new CEO for Singapore and SEA appeared first on Asian Private Banker.

US asset manager J.P. Morgan Asset Management (JPM AM) has become the latest international firm to rebrand its China unit. In a recent interview with Asian Private Banker, Desiree Wang, CEO of JPM AM China, outlined the firm’s short-to-near term strategy for onshore China, and the firm’s product focus to capture the growing number of wealthy clients. China International Fund […]

The post Onshore China means global managers have to leave their comfort zone: JPM AM appeared first on Asian Private Banker.

The highest US Treasury bond yields in sixteen years are the latest reminder that all private bank strategists thought they knew about 2023 continues to go awry. The spike in 30-year rates toward 5% is one of many borrowing-cost-related data points putting Asia’s portfolios at risk. In Germany, for example, 10-year yields are the highest since 2011, a crisis period […]

The post Rising US yields upend private bankers’ best laid 2023 plans appeared first on Asian Private Banker.

Private banks and asset managers have called for China to unveil new economic support measures after growth again fell short of expectations in 2Q23. China’s GDP growth slowed to just 0.8% quarter-on-quarter in 2Q23, from 2.2% quarter-on-quarter in Q1, data released on Monday showed. A year to forget Bank of Singapore, J.P Morgan Asset Management, and Invesco and have all […]

The post Private banks call for policy support amid disappointing China data appeared first on Asian Private Banker.

J.P. Morgan Asset Management has named a new head of high-net-worth (HNW) distribution in Australia and New Zealand, as the US$2.67 trillion AUM investment manager looks to beef up its business within the region. Aaron Russell has taken on the newly-created role of head of HNW distribution, according to an announcement on Friday. He will be based in Sydney, reporting […]

The post J.P. Morgan AM makes senior hire to tap Australia and NZ wealth appeared first on Asian Private Banker.

London-based M&G Investments has announced a new COO for its asset management business, effective 31 July 2023. Reporting to Joseph Pinto, Richard Godfrey will join M&G’s Asset Management Executive Committee and will be responsible for all investment management operational functions, collaborating extensively with investments and distribution teams across the asset management business, according to an announcement on Monday. Godfrey joins […]

The post M&G nabs COO for asset management from HSBC appeared first on Asian Private Banker.

High-quality fixed income, risk assets and multi-asset strategies remain the priorities for banks and asset managers following the US Federal Reserve’s decision to pause rate hikes on Wednesday. Although the Fed declined to raise interest rates, it still projected the need for two rate hikes by the end of 2023. “From asset allocation’s perspective, we have not made material changes […]

The post Asset managers look to high-quality fixed income, risk assets following Fed rate pause appeared first on Asian Private Banker.

Stressed market conditions are providing a great opportunity to tap into the global fixed income market, according to J.P. Morgan Asset Management, which has joined a growing chorus of prominent global investors putting the asset class at the centre of their allocation strategy. “Our view is that we will continue to see people looking to allocate to fixed income because […]

The post J.P. Morgan AM’s Iain Stealey: All client conversations about fixed income appeared first on Asian Private Banker.

Is the Federal Reserve’s latest decision to hike interest rates “boring”? Or does it indicate that policymakers are finally ready to loosen monetary conditions and reignite demand for risk assets? Asian Private Banker brings you the best of the market reaction below. On Wednesday, the Fed raised the benchmark rate by 25bp to between 5% and 5.25% in a widely-anticipated ‘hawkish […]

The post Could Fed’s “boring” rate hike ignite demand for risk assets? appeared first on Asian Private Banker.

 Tai Hui, Chief Market Strategist Asia Pacific for J.P. Morgan Asset Management, highlights the outlook and long-term growth drivers of Chinese economy with investment implications. After 2 years of disappointing performance, the economic backdrop is more constructive for Chinese equities. The Chinese government set the 2023 growth target at 5%, which is strong when global growth is dampened by […]

The post Re-exploring investment opportunity in China 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.

Diminished liquidity from nearly frozen capital markets will likely push investors to look to alternative lenders for liquidity solutions, and this should create opportunities in distressed credit and special situations lending, according to Gary Leung from J.P. Morgan Asset Management. Similar opportunities also exist in tactical real estate, where managers can buy select assets from financially troubled owners at a […]

The post J.P. Morgan AM sees opportunities in distressed debt, special situations appeared first on Asian Private Banker.

Amid the current challenging time for global equities, Southeast Asia has been a relative bright spot1. This is in part due to the rebound in growth2 as the region’s economies reopen and transition to living with COVID-19. The ongoing recovery in tourism has helped to buoy growth, with China’s eventual reopening likely to provide a fresh boost in demand. China […]

The post ASEAN is big… and getting bigger in portfolios? appeared first on Asian Private Banker.

 Alexander Treves, Head of APAC Investment Specialists for J.P. Morgan Asset Management’s Emerging Markets and Asia Pacific Equities team, outlines the robust growth story of a region that has long been underappreciated by investors.

The post ASEAN: a bright spot in global equities appeared first on Asian Private Banker.

After a rotten performance for markets in 2022, fund houses are ramping up their product offerings that cater to the needs of Asian private bank clients in 2023. Below, two big asset managers outline what will be in focus for them this year. J.P. Morgan Asset Management: Insights and solutions Over the last five years, J.P. Morgan Asset Management (JPMAM) […]

The post What do PB clients buy in 2023? Two big fund houses have their say appeared first on Asian Private Banker.

J.P. Morgan Asset Management (JPMAM) has received regulatory approval from the China Securities Regulatory Commission (CSRC) to own 100% of its joint venture with Shanghai Trust – China International Fund Management (CIFM). CIFM will now operate under the JPMAM China brand, reflecting its integration into the US investment group’s global operating model. JPMAM has worked with CIFM for 18 years, […]

The post J.P. Morgan AM makes big step in onshore China business appeared first on Asian Private Banker.

Asian Private Banker was proud to honour the winners of the Asset Management Awards for Excellence 2023 at a glittering in-person ceremony in Hong Kong, where leading lights of the regional investment industry picked up accolades in categories ranging from equities, to bonds, to ESG. Among the big winners at the event at Hong Kong’s Mandarin Oriental were J.P. Morgan […]

The post APB honours AMA 2023 winners at glittering ceremony 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.

JP Morgan Asset Management’s Managing Director, Chief Market Strategist, Asia Tai Hui recently joined Asian Private Banker for an exclusive interview. 近期，我们邀请到了摩根资产管理 (J.P. Morgan Asset Management) 亚洲首席市场策略师许长泰先生做客《亚洲私人银行家》专访。 Hui discussed a range of topics covering the impact of Fed rate hikes on Asia-Pacific markets, preferred markets and sectors for Asia stocks, whether China A-shares are still worth investing in, and prospects […]

The post J.P. Morgan Asset Management’s Tai Hui on the rebooting of China and Southeast Asian Markets (Mandarin interview) appeared first on Asian Private Banker.

 Jonathan Liang, Head of Asia Ex-Japan Fixed Income Specialists at J.P. Morgan Asset Management, shares his outlook on the bond markets and the importance of managing fixed income through a flexible and unconstrained approach amid a challenging market environment.

The post Fixed income outlook: opportunities amid turbulence appeared first on Asian Private Banker.

The macro backdrop Higher inflation, rising rates, tighter financial conditions and consumer fatigue could weigh on economic growth. Supply bottlenecks are expected to persist well into 2023 while commodity and wage inflationary pressures are likely to stay elevated1. This suggests that the Federal Reserve is poised to raise interest rates further to curtail inflation, although the growth pinching effects of […]

The post Are bonds back as inflation hits the high notes? appeared first on Asian Private Banker.

Drastic moves in Japan’s yen do not tend to end well for the global financial system. Episodes of extreme yen volatility — the late 1990s and 2008, for example — can upend markets everywhere and push more than a few hedge funds to the brink. Not surprisingly, the currency’s plunge to 24-year lows is putting private bank portfolios at even […]

The post Yen’s plunge provides new headache for private bank portfolios in Asia appeared first on Asian Private Banker.

J.P. Morgan Asset Management has appointed a new head of private bank distribution for Hong Kong, Asian Private Banker can reveal. Based in Hong Kong, Dennis Yang started his new role on 5 September. He reports to Elisa Ng, head of Hong Kong for J.P. Morgan AM. Yang is a 10-year industry veteran. Before joining J.P. Morgan AM, he was director, mandate specialist, […]

The post J.P. Morgan AM Hong Kong names new head of private bank distribution appeared first on Asian Private Banker.

J.P. Morgan Asset Management (J.P. Morgan AM) has named a senior regional alternatives distribution executive for HNWIs, according to an internal memo seen by Asian Private Banker. Gary Leung has joined as head of retail alternatives for Asia Pacific Client, with immediate effect. Leung will be based in Hong Kong and report to Dan Watkins, CEO for Asia Pacific. He […]

The post J.P. Morgan AM adds Asia Pacific retail alternatives distribution head appeared first on Asian Private Banker.

On 6 July, Asian Private Banker hosted a gala luncheon in Hong Kong to commend the winners of its most recent Asset Management Awards for Excellence. The in-person event at the city’s Mandarin Oriental hotel, attended by more than 70 guests from the region’s leading fund managers, celebrated the achievements of the industry across a variety of asset classes and […]

The post APB lauds winners of 2022 Asset Management Awards for Excellence appeared first on Asian Private Banker.

Tomomi Shimada from J.P. Morgan Asset Management doesn’t think the level of energy transition risk associated with energy stocks has been overblown, but it comes into effect in different time scales and it is important to incorporate that. In this interview with Asian Private Banker, the APAC lead sustainable investing specialist explains why climate investors should not be distracted by […]

The post ESG 2.0 – Don’t get distracted by short-term noise: J.P. Morgan AM’s Tomomi Shimada on energy transition appeared first on Asian Private Banker.

Our investment team shares their 2H 2022 outlook on China equities and structural themes. Key takeaways: Further monetary and fiscal stimulus, and some easing in the regulatory environment are expected to support the economy and manage the risk of slowing growth. Active management remains crucial, and key potential secular growth opportunities continue to resonate well among investors looking to take […]

The post China: cutting through the noise to seek out opportunities 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.

As global uncertainties are adding urgency to PB clients’ search for return and diversification, J.P. Morgan Asset Management is planning to launch more alternative and ESG strategies, Chng Chia Chia told Asian Private Banker. The J.P. Morgan AM head of APAC Private Bank Distribution attributed the growing interest that PB clients have shown for alternatives and ESG strategies to “global […]

The post PB clients flock to alts and ESG to beat inflation: Chng Chia Chia of J.P. Morgan AM appeared first on Asian Private Banker.

China’s decision to cut a key interest rate as part of its efforts to relieve a cash crunch in the property market may not be enough to tempt investors back into the sector, according to private banks and asset managers. The People’s Bank of China (PBoC) on Thursday announced it would cut the five-year loan prime rate (LPR) by 15bps […]

The post Private banks unconvinced by China’s latest effort to boost property market appeared first on Asian Private Banker.

In its largest rate move since 2000, the US Federal Reserve on Wednesday increased its benchmark policy rate by 50bps to a range of 0.75% to 1%. In addition, it has decided to start reducing its holdings of Treasury securities and agency mortgage-backed securities from June. The move comes as the Federal Open Market Committee (FOMC) has become “highly attentive […]

The post Major Fed rate hike: Where three money managers are putting their money appeared first on Asian Private Banker.

Investors are facing multiple considerations that can impact their asset allocation decisions, such as central banks’ normalising policies, rising inflation, the US interest rate hike cycle and elevated market volatility with the Russia-Ukraine conflict. Macro backdrop1 Our Global Fixed Income, Currency & Commodities (GFICC) group acknowledges the combination of a commodity price shock and central bank policy tightening presents a […]

The post 2Q 2022 outlook: navigating the current headwinds for fixed income appeared first on Asian Private Banker.

J.P. Morgan Asset Management has expanded its sustainable investing offering in Singapore by registering two funds for ESG hungry investors. The fund manager has introduced its US$4.8 billion JPM Global Healthcare fund and its US$87.6 million JPM Climate Change Solutions fund. Both strategies are Luxembourg-domiciled SICAV products. Benchmarked against the MSCI World Healthcare Index, the JPM Global Healthcare fund was […]

The post J.P. Morgan AM brings US$4.8B healthcare fund, new climate strategy to Singapore appeared first on Asian Private Banker.

CIMB Private Banking is on a mission to double its assets in Singapore by 2024, as well as set up a dedicated chief investment office to serve wealthy clients in the region. In Singapore, CIMB PB currently has 16 relationship managers (RMs) who report to Syed Razif Al-Idid. The Singapore private banking head is looking to double his RM headcount […]

The post CIMB Private Banking aims to double AUM, RMs in Singapore appeared first on Asian Private Banker.

Looking ahead to China in 2022, many wealth managers could not help but hold their breath. Between slowing global demand, rising inflation and the Omicron coronavirus variant doing its worst, the pragmatic take seems to be caution — or even reducing exposure to Asia’s largest economy. Yet three recent events could make China a surprise bright spot for private bank […]

The post China’s pivot from zero-COVID could be a ‘buy’ signal for private banks appeared first on Asian Private Banker.

This week: Inflation fear behind market correction: Deutsche Bank IPB; Asset managers expect Fed’s balance sheet run-off to start earlier; Boom and bust is back: Credit Suisse Inflation fear behind market correction: Deutsche Bank IPB A sell-off in US equities is partly due to investors pricing in “too many” interest rate increases by the US Federal Reserve, according to the […]

The post CIO Weekly – Investors pricing in “too many rate hikes”: Jason Liu of Deutsche Bank IPB appeared first on Asian Private Banker.

At a time when most central banks are tightening policy in a bid to curb inflation, China is easing monetary policy to spur economic activities. While the country’s economy expanded by 8.1% in 2021, the slowdown in the last three months last year is expected to spill over into 2022. Private banks are forecasting China’s GDP to grow above 5% […]

The post What’s next for China? Six fund giants weigh in appeared first on Asian Private Banker.

J.P. Morgan Asset Management (JPMAM) is partnering with RHB Asset Management in the launch of the RHB Climate Change Solutions Fund, which provides onshore Malaysian clients access to the underlying JPM Climate Change Solutions Fund. RHB Asset Management (RHBAM) is the asset management subsidiary of RHB Bank, a major financial services groups in Malaysia. According to its prospectus, the RHB […]

The post J.P. Morgan AM partners with RHB AM in thematic ESG solution for Malaysia onshore clients appeared first on Asian Private Banker.

While asset managers see opportunities in risk assets for next year, Lazard Asset Management proposes more “basic approaches” — such as a return to real assets in infrastructure and ESG. Driven by concerns about the new Omicron variant, global equities have seen a sharp sell-off in recent days, prompting some asset managers to consider a reshuffle of their strategies. Liyen […]

The post 2022 portfolio approach goes back to basics: Lazard Asset Management appeared first on Asian Private Banker.

This week: BNP Paribas Wealth Management: A speedier tapering means the Fed is finally catching up; Too early to say if Omicron poses threat to recovery path: PBs and AMs; Credit Suisse is bearish on China as a whole as growth dampens; Lombard Odier does not see oil price decline as cause for alarm BNP Paribas Wealth Management: A speedier […]

The post CIO Weekly – A speedier tapering means the Fed is finally catching up: Grace Tam of BNP Paribas WM appeared first on Asian Private Banker.

Although the Fed is likely to hike interest rates in 2022 — possibly leading to greater volatility in the market — J.P. Morgan Asset Management still prefers risk assets (such as equities and corporate credit) over conservative assets (such as fixed income and cash) next year. “The ongoing global economic recovery means the strong performance of cyclical and value sectors […]

The post Despite likely interest rate hike, J.P. Morgan AM prefers risk assets in 2022 appeared first on Asian Private Banker.

Private banks and asset managers are warning investors of near-term volatility in markets following the discovery of the Omicron variant of COVID-19. But they grant that it is too early to say whether the latest twist in the pandemic will weigh on their long-term growth outlooks. The discovery of the variant by South Africa has tipped global markets into panic […]

The post Private banks warn of volatility as Omicron COVID-19 variant spreads appeared first on Asian Private Banker.

Artificial intelligence (AI) startup MioTech on Tuesday announced that it has received funding from J.P. Morgan Asset Management and from the Financial Technology Venture Capital Fund, a fund newly launched by HSBC Asset Management. According to the provider of China ESG data and analytics for financial institutions and corporates, the investment marks the fourth funding round it has completed in […]

The post MioTech secures investments from J.P. Morgan AM and HSBC AM appeared first on Asian Private Banker.

This is a sponsored article from J.P. Morgan Asset Management The search for yield1 is intensifying among investors as the Federal Reserve (Fed) has indicated a readiness to begin pulling back the stimulus provided at the onset of the COVID-19 pandemic. Fed Chair Jerome Powell has said the US central bank could begin scaling back asset purchases “as soon as the next meeting” […]

The post Where we see income opportunities as key rates look poised to rise appeared first on Asian Private Banker.

As global markets follow the twists and turns of the China Evergrande saga with bated breath, a key advisor in Asia to US$2.6 trillion in global assets has a premonition: any potential liquidation of China’s second-biggest land developer won’t be another “Lehman moment“ for global markets. “If you think back to [US financial firm] Lehman [Brothers], it was essentially a […]

The post Evergrande won’t be China’s “Lehman moment“: Tai Hui of JPMAM appeared first on Asian Private Banker.

Announcing the details of the long-awaited Wealth Management Connect scheme on Friday (10 September), the Hong Kong Monetary Authority (HKMA) specified that cross-boundary banks will have to sell their investment products in an “execution-only” model to cross-boundary clients under existing sales and soliciting restrictions. The People’s Bank of China (PBoC), HKMA and the Monetary Authority of Macao on Friday promulgated […]

The post GBA Wealth Management Connect scheme to launch in “execution-only” model appeared first on Asian Private Banker.

This is a sponsored article from J.P. Morgan Asset Management The core infrastructure – which is defined as those assets that focus on essential services underpinned by regulatory frameworks or long-term contracts with high-quality counterparties – held up well during the pandemic. Partially due to its relatively low margin of error, long-term income visibility, and high EBITDA margins, it’s becoming […]

The post Alternative income – the hunt for yield in private infrastructure appeared first on Asian Private Banker.

J.P. Morgan Asset Management is keen on making private-market investments more accessible to the mass affluent and HNWI clientele in Asia following a doubling down on the asset class globally. “There has been an increased demand from our clients, such as private banks and family offices, for private markets holistically, but also for hedge funds,” said Shawn Khazzam. While not […]

The post JPMAM sets eyes on Asia for alternatives push following global bet appeared first on Asian Private Banker.

J.P. Morgan Asset Management (JPMAM) has announced the appointment of an Australia and New Zealand CEO, replacing Rachel Farrell, who left the firm in July. In his new role, Andrew Creber will look after JPMAM’s institutional and retail business in Australia and New Zealand. As an Australian citizen, Creber will be based in Sydney and will report to Dan Watkins, […]

The post J.P. Morgan Asset Management appoints Australia and New Zealand CEO appeared first on Asian Private Banker.

China’s plans to ease up on tightening liquidity at home could provide a much-needed shot in the arm of its firms listed in the US and looking to make a prodigal return to mainland markets, according to J.P. Morgan Asset Management. “The domestic liquidity policy has gone from a gradual tightening or a gradual normalisation, to a more neutral position,” […]

The post Stars align for prodigal return of US-listed Chinese firms: Tai Hui of J.P. Morgan AM appeared first on Asian Private Banker.

J.P. Morgan Asset Management named a string of high-profile hires to a new private investments unit, as the stratospheric rise in valuations at high-growth investments is stoking interest from U/HNWI and family offices. The asset management unit of America’s largest bank by assets said it is launching J.P. Morgan Private Capital, led by Brian Carlin, former CEO of Wealth Management […]

The post J.P. Morgan AM doubles down on private investments within alternatives franchise appeared first on Asian Private Banker.

J.P. Morgan Asset Management (JPMAM) has partnered with Kasikorn Asset Management (KAsset) in the launch of a sustainable liquid alternatives fund for professional investors in Thailand. An industry-first according to J.P. Morgan, the fund — K-Sustain-UI — invests in the J.P. Morgan Multi-Manager Sustainable Long-Short Fund through a feeder structure and will be distributed by Kasikorn Private Banking (KPB) initially. […]

The post JPMAM links up with Thai asset manager on sustainable liquid alts offering appeared first on Asian Private Banker.

This is a sponsored article from J.P. Morgan Asset Management It’s a cliché but for the technology sector the only constant really is change. Underpinned by a societal shift to the online world for almost all aspects of work and life, technological services and products across the globe saw a significant pull forward of demand and adoption. As a result, […]

The post Asia: the next wave of the technology boom appeared first on Asian Private Banker.

CMB Wealth Management (CMBWM), the asset management subsidiary of China Merchants Bank, and J.P. Morgan Asset Management (JPMAM) have kicked off their recently expanded partnership with the rollout of a target date fund for Mainland China investors. Launched on Tuesday, the fund marks the first product release by the two houses since they deepened their relationship earlier this month, with […]

The post CMB, J.P. Morgan asset management arms launch first collaborative fund since partnership upgrade appeared first on Asian Private Banker.

In a first for a Chinese wealth manager roping in a foreign strategic partner, J.P. Morgan Asset Management, the asset management unit of J.P. Morgan Chase & Co., said it will buy a 10% stake in CMB Wealth Management Co., Ltd. for about RMB 2.67 billion (US$410 million USD), subject to regulatory approval. The deal between JPMAM and CMB will […]

The post JPMAM takes minority stake in CMB’s wealth management unit 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.

 Howard Wang, Portfolio Manager and Head of Greater China team, J.P. Morgan Asset Management, addresses the following questions in this video:  What our China strategies invest in, and where we see the opportunities and risks?  How do we manage the China strategies?

The post Latest China Outlook appeared first on Asian Private Banker.

This is a sponsored article from J.P. Morgan Asset Management Key takeaways: China is leading the world and its peers in Asia on the road to economic recovery, and relatively attractive opportunities have emerged as growth resumes. Key potential growth opportunities are emerging in China’s technology (tech), healthcare and consumer industries1. Taking an active, longer-term focus and bottom-up stock picking […]

The post What are the investible themes in China? appeared first on Asian Private Banker.

While China’s stock market has soared over the past 12 months on the back of technology and consumption stocks — raising valuation concerns among quite a number of investors — it might be too early to revert to the old economy. “We still favour new economy sectors over the old economy, and it is too early to rotate back to […]

The post Too early to shift back to old economy in China appeared first on Asian Private Banker.

If there was ever a silver lining to 2020, it would be the realisation that life is unpredictable. Then for better or for worse, the outcome of the US elections is anyone’s guess. But that hasn’t stopped investment advisors from putting their thoughts out on the likely implications of a Trump or Biden win. Asian Private Banker has collated a […]

The post Bracing for US presidential elections? Here is a primer appeared first on Asian Private Banker.

This is a sponsored article from J.P. Morgan Asset Management Since the onset of COVID-19, the healthcare and pharmaceutical sectors are increasingly on investors’ radar. The pandemic has accelerated many themes that are already gaining momentum, and highlighted the investment potential of innovative healthcare and health-related business. The healthcare and pharmaceutical sectors have performed robustly through recent market volatility, as […]

The post Genetic therapies – it’s a world of possibilities appeared first on Asian Private Banker.

For those looking for steady income from investments, it is a challenging environment out there, with low-to-negative yielding bonds and challenged dividends. Paradoxically, this could be an ideal setting for seeking income from alternatives. Shawn Khazzam, APAC head of alternatives solutions, J.P. Morgan Asset Management, said similar trends are emerging among private wealth and institutional investors, as both begin to see […]

The post PB interest picks up as real assets become the next place for income: J.P. Morgan AM appeared first on Asian Private Banker.

Key takeaways: China is entering a new economic normal as it is embarking on lower but more sustainable growth, on the road to recovery from the once-in-a-century health crisis. Moving in line with China’s long-term structural shift potentially towards quality growth, investors are increasingly honing in on quality companies and stocks. Rebecca Jiang, co-portfolio manager of our China A-Share Strategy1 […]

The post Seeking quality growth potential in China A-Shares appeared first on Asian Private Banker.