The long bull run has led to increasing client interest in alternatives, according to Adam Proctor, head of managed investments and advisory in Asia-Pacific for Citi Private Bank.
Big brand names in Europe used to be reliable performers, but online businesses have been making them less attractive investments, according to Martin Todd, manager of the Hermes European Alpha Fund.
FSA caught up with Edward Bonham Carter, vice chairman of UK-based Jupiter Asset Management, who is currently in Asia.
There’s a growing understanding within asset management that you need to either have scale or a niche specialisation to survive. But Guy Strapp, CEO of Singapore-based asset manager Eastspring Investments, begs to differ. He aims to transform the medium-sized Asia specialist into a global player.
In the face of dire warnings, China appears to be managing its corporate defaults, said Bassam Salem, CEO for Asia-Pacific at Citi Private Bank, and a stronger RMB has prompted the bank to reverse its stance on dim sum bonds.
Big data may be a fund differentiator when used in the investment process, but Asia’s fund selectors are uncomfortable with quant strategies, said Deutsche Bank’s head of fund solutions in APAC, Joyce Ngan.
Volatility is rising and the Bank of Singapore is concerned about positive client sentiment.
An ambitious target for Asia-Pacific growth has been set by Natixis Global Asset Management’s new head of Asia-Pacific Fabrice Chemouny.
A slow, synchronised global recovery is providing a supportive backdrop for risk assets and driving discretionary portfolio performance, said Stefan Lecher, managing director and head of IPS client portfolio management for APAC at UBS Wealth Management.