Following a year fraught with wild market swings and sell-offs, trade tensions, and interest rate cuts, Asia’s wealth investors are looking beyond the US as bond yields fall and reinvestment risks rise, says Marcio Bogoricin. This is prompting inflows into global fixed income, the executive vice president, head, Asia wealth management (ex-Japan), PIMCO, told Asian Private Banker, with future rate […]

The post PIMCO’s Asia wealth boss talks bonds and business growth appeared first on Asian Private Banker.

This is a sponsored advertorial from PIMCO. Learn how our 60/40 strategy uses global diversification and stock-bond dynamics to help investors thrive in uncertain markets. In today’s unpredictable markets, the classic 60/40 portfolio – 60% stocks, 40% bonds – remains a cornerstone for investors seeking both growth and stability. Yet, headlines questioning “is the 60/40 portfolio dead?” have become common, especially […]

The post Why the 60/40 portfolio still works in 2025: PIMCO’s perspective on balance, resilience, and diversification appeared first on Asian Private Banker.

This is a sponsored article from PIMCO. Discover how a disciplined 60/40 framework, backed by systematic equity strategies, can help multi-asset portfolios thrive in unpredictable markets. Against a backdrop of policy shifts, geopolitical tension, and uneven growth, investors face a familiar challenge: building resilient portfolios without missing opportunities. PIMCO’s asset allocation outlook emphasises balance — across asset classes, regions, and […]

The post Stay balanced: PIMCO’s global outlook for diversified multi-asset portfolios appeared first on Asian Private Banker.

Bank of Singapore has onboarded a global macro hedge fund managed by PIMCO in a bid to shore up investor portfolio resilience amid anticipated market volatility in the near future. Asian Private Banker understands the fund was added to the OCBC wealth management arm’s platform in July, marking the first partnership between the two firms after discussions that began last […]

The post Bank of Singapore brings PIMCO’s flagship hedge fund for wealth clients appeared first on Asian Private Banker.

Standard Chartered has launched a new multi-sector credit fund under its variable capital company (VCC) structure. The Signature Select Global Income Plus fund will be Standard Chartered’s fourth VCC sub-fund, with global fixed income manager PIMCO as a sub-investment manager, the bank announced in a statement on Monday. Through this fund, Standard Chartered hopes to capture ideas from PIMCO across […]

The post StanChart launches VCC fund with US$2.1tn fixed income manager appeared first on Asian Private Banker.

In recent years, PIMCO has seen strong inflows through its wealth channel and is likely to strengthen its distribution team in the region. “PIMCO has long been recognised for its strength in the institutional business. But the fact is, our global wealth management (GWM) business – which includes the private bank, retail bank, online platforms and single-family office segments – […]

The post PIMCO’s growing wealth channel now accounts for half of all APAC revenues appeared first on Asian Private Banker.

When PIMCO launched its wealth management division in Asia, the bond giant was mainly known for its global fixed income offerings. However, over the last few years, the company’s perception in the region has evolved through new product enhancements in two key areas, leading to a rise in family office and private banking clients. The wealth management unit has also […]

The post PIMCO’s Asian affair lures private banks beyond flagship fund appeared first on Asian Private Banker.

Capital Group has named a new head of financial intermediaries for Hong Kong, effective immediately. The US$2.3 trillion asset manager has appointed Angela Jin, who was most recently with PIMCO as head of private banking for Hong Kong. Based in Hong Kong, Jin will oversee the local financial intermediary sales team, lead its distribution strategy and develop existing relationships with […]

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How has the PIMCO Income Strategy managed to weather market stresses and deliver consistent income for over a decade? Read on to find out. Persistently high inflation, hawkish central banks, unfolding banking sector challenges, and a potential recession on the horizon – there is no shortage of uncertainty today to rattle markets and investors. At PIMCO, we view this volatility […]

The post The ‘bend but don’t break’ way to navigate volatility appeared first on Asian Private Banker.

The head of PIMCO’s Hong Kong private bank business has resigned, Asian Private Banker can reveal. Angela Jin, who has been with the US$2 trillion in AUM US asset manager since 2015, is leaving PIMCO and will start her new role with a rival firm by this summer, people familiar with the matter said. Prior to joining fixed-income focused PIMCO, […]

The post PIMCO loses head of Hong Kong private banking business appeared first on Asian Private Banker.

The collapse and takeover of Credit Suisse by UBS is sending shockwaves through a US$245 billion asset market. The Swiss government’s decision to write down US$17 billion in Credit Suisse Additional Tier-1 (AT1) bonds, while allowing equity holders to be compensated as part of the deal, has been viewed in some quarters as upending the traditional capital structure. As a […]

The post Credit Suisse AT1 fallout: Who’s exposed in this US$245bn market? appeared first on Asian Private Banker.

Resilience means not only navigating challenges in the near-term, but also taking advantage of opportunities over the longer term. As the world becomes more fragmented, we believe building resilience will be key for investors. In PIMCO’s 2022 Secular Outlook, we discuss how governments and corporate decision-makers will increasingly focus on searching for safety amid widening geopolitical fractures. For governments, we […]

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The first half of 2022 was about as bad as it gets for global investors. In fact, Goldman Sachs has pointed out that one has to go back to 1932 to match how the last six months has slammed conventional portfolios seeking to diversify risks across stocks and bonds. Yet there is something that could make the second half even […]

The post How the runaway US dollar could be a “wrecking ball” for private banks appeared first on Asian Private Banker.

As the economic backdrop of the 1990s makes a sudden return, Asia’s private bankers are feeling a sense of déjà vu mixed with trepidation. All at once, the US Federal Reserve is tightening like it is 1994, Beijing and Hong Kong are obsessing over exchange rates like it is 1997, and the Japanese JPY is plunging like it is1999. The […]

The post For Asia’s private bankers, the 1990s are making an unwelcome return appeared first on Asian Private Banker.

It’s a tricky time for income investors. Significant uncertainty clouds the outlook as the global economy confronts a stagflationary supply shock that is negative for growth and will likely spur further inflation. While an “anti-Goldilocks economy” – where inflation gets too hot and growth gets too cold – is not part of our tentative base case forecast, which still calls […]

The post Navigating an “Anti-Goldilocks” Economy appeared first on Asian Private Banker.

Private banks and asset managers in Asia-Pacific are adding exposure to dividend-paying equities, private credit and US dollars as they seek to make portfolios more diversified and less sensitive to inflation amid volatile markets. Global equity and bond markets have been pummelled in the opening months of 2022 by surging inflation, rising interest rates and geopolitical strife, prompting investors to […]

The post Three ways private banks are defending clients against inflation appeared first on Asian Private Banker.

For the first time since 2018, the US Federal Reserve on Wednesday raised interest rates, by 0.25%, to bring back price stability to the economy. In his comments, chair Jerome Powell said the FOMC could begin reducing the size of its balance sheet at the next meeting in May. The median projection for the unemployment rate is to decline to […]

The post US$4.5T fund managers react to Fed’s first rate hike appeared first on Asian Private Banker.

Last year, Asian fixed income funds and ETFs registered for sale in Singapore and Hong Kong drew US$22.6 billion inflows, according to data from Morningstar. Most of the investments went into Asian high yield and China bond strategies. Of these, the Eastspring Investments – Asian Local Bond fund and the HSBC Asian High Yield Bond fund crossed the billion mark […]

The post Three Asian bond funds drawing over US$2.5B in 2021 appeared first on Asian Private Banker.

Featuring David Chen, Portfolio Manager, Commercial Real Estate Across the commercial real estate sectors, we are seeing a lot of dispersion in performance. Industrial has been a strong performer, with values higher than the pre-COVID levels. Multifamily is up as well. On the other hand, office, lodging, and retail are down as a whole, in some cases over 10 percent. […]

The post Unlocking Alternatives: Opportunities in CRE and the Industrial Sector appeared first on Asian Private Banker.

Base case views from our last cyclical forum can be summarized as peak pandemic, peak policy, and peak growth. Those have, for the most part, played out and priced in the market accordingly. So where are the opportunities from this point on? We focus on three dimensions: First, whether the Delta variant is peaking; second, whether the Fed is going […]

The post PIMCO: Macro Opportunities in Mid-Cycle Markets 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.

Fears of financial contagion in China have hit global markets this week as investor concerns grow over a possible default by China Evergrande, the country’s second-largest property developer by sales, which owes at least US$305 billion. On Monday, S&P Global Ratings warned that Evergrande could default unless Beijing directly supports it. “We believe Beijing would only be compelled to step […]

The post Evergrande woes spark global market turmoil appeared first on Asian Private Banker.

Megan Walters, Global Head of Research, Allianz Real Estate Francois Trausch, Global CEO & CIO, Allianz Real Estate John Murray, Global Head, Private Commercial Real Estate, PIMCO Are offices a thing of the past?  In a recent survey conducted by Jones Lang LaSalle*, about 56% of companies were waiting until the second half of 2021 to make the decision whether […]

The post The Office Market Opportunities in a Post-COVID World appeared first on Asian Private Banker.

John Murray, Portfolio Manager, Commercial Real Estate, PIMCO We see many compelling opportunities in the commercial real estate (CRE) market today, particularly in hospitality and retail. Capital pressure and liquidity shortfalls have led to opportunities for PIMCO to provide rescue capital in the hotel sector and, in some cases, to acquire loans from banks looking to reduce their exposure in […]

The post Unlocking Alternatives: Opportunities in Commercial Real Estate appeared first on Asian Private Banker.

The more than decade-long low-interest environment in the wake of the 2008 global financial crisis has upended the 60:40 portfolio as investors seek yield-delivering substitutes from the traditional fixed-income portion of the balanced investments model. The portfolio of dividend-paying stocks and coupon-yielding bonds did well through the 80s and 90s but has since been questioned for its relevance in today’s […]

The post It may be time to rethink the 60:40 portfolio model, not shun fixed-income entirely: PIMCO, J.P. Morgan Private Bank, Credit Suisse appeared first on Asian Private Banker.

Bonds may have fallen out of favour with some owing to low and negative yields, but from a risk-management perspective, there is still a case to be made for their inclusion in a portfolio, opines PIMCO. “Despite low yields, bonds can still diversify risk in broad portfolios,” because valuations may rise on a drop in interest rates, according to Jamil […]

The post Bonds may still be the best balm for a wary investor appeared first on Asian Private Banker.

The post PIMCO Asia High Yield Strategy: Strong Growth Continues appeared first on Asian Private Banker.

Fixed-income manager PIMCO has announced the appointment of a new Asia-Pacific head, following the promotion of the current head to global head of product strategy. Alec Kersman, managing director, will become the new head of Asia-Pacific, replacing Kimberley Stafford, managing director, who has been named the global head of PIMCO’s product strategy group. Kersman is currently head of strategic accounts […]

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This week: FlowBank: China’s equity markets are undervalued, under-owned and under-appreciated; LGT Private Banking: Equity markets vulnerable to setbacks this year; T. Rowe Price: Secular growth stocks, at the right price, should continue to compound good returns; BlackRock: Slowing of Fed easy policy hinges on signs of durable growth and employment momentum; PIMCO: Fed can successfully engineer a smooth shift […]

The post CIO Weekly – Featuring Charles-Henry Monchau of FlowBank appeared first on Asian Private Banker.

The COVID-19 pandemic may provide a much needed lifeline to the active money management industry, after more than a decade of monetary easing has tilted the scales in favour of passive investment. PIMCO’s survey of 2,500 investors in Asia Pacific with liquid assets of US$100,000 or more across five markets showed that 43% of the respondents said the pandemic had […]

The post COVID-19 may bring active money management back in the groove appeared first on Asian Private Banker.

This is a sponsored article from PIMCO. For almost 50 years, PIMCO has played a central role in helping investors worldwide pursue their financial objectives, using an active management approach in fixed income to navigate evolving market conditions. With more than two decades of dedicated Asia and emerging markets fixed income experience, PIMCO combines its global investment process and local […]

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This is a sponsored article from PIMCO. At an aggregate level, banks in Japan, Korea and China fared better in our stress test than those in India and Australia. The banking sector has transitioned from being at the epicentre of the 2008 global financial crisis to being part of the potential solution following the COVID-19 outbreak.  We believe that the […]

The post APAC Banking Sector Study: Identifying the Most Resilient Countries appeared first on Asian Private Banker.

Fixed income fund house PIMCO has picked a new head of Hong Kong and Singapore global wealth management, effective 8 April, according to a spokesperson from the firm. Marcio Bogoricin, senior vice president and account manager of global wealth management, has been promoted to the role, while the present incumbent Todd Staley will relocate to PIMCO’s US office at Newport […]

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Bloomberg has set up the Hong Kong chapter of it’s Women’s Buy-side Network (BWBN), ahead of International Women’s Day on 8 March, to encourage the participation of more females in fund management. The Hong Kong arm adds to Bloomberg’s existing chapters in Singapore and India, launched in 2018 and 2019 respectively, and will be led by five leaders within Hong […]

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