News

Pro investors ‘surprisingly bullish’ on Chinese equities

Chinese_dragonHalf of investment professionals in a poll expect Chinese equities to generate a return of more than 5% in the next 12 months and a fifth expect the return to exceed 20%. The results, from a survey of about 200 professionals, were described as surprising by JP Morgan Asset Management, which arranged the poll. “With trade war uncertainty hanging over the market and a government deleveraging campaign weighing on domestic growth, we were a little surprised to find Chinese investment professionals are actually fairly bullish on their home market equities over the next year,” said Tai Hui, chief market strategist, Asia Pacific, JP Morgan Asset Management. “These results suggest onshore investors may be taking a more favourable view on domestic equities, with sentiment improving.” The respondents were less sanguine about global equities. A total of 46% expected a return of more than 5% in the next 12 months and 8% expected a return of more than 20%. About 200 respondents, who included representatives from financial advisers and consultants, were surveyed in person about their sentiment towards Chinese and global equities in August in Shanghai and Beijing. ©2018 funds global asia

Executive Interviews

INTERVIEW: Operational challenges

Jun 09, 2018

Caroline Higgins of Northern Trust tells George Mitton about A-share inclusion, ETF Connect and why Cayman funds predominate in the region.

INTERVIEW: Making a name

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Formed by a merger in 2012, Old Mutual Global Investors was little-known in Asia. Carol Wong, managing director for Asia-Pacific, is changing that. She talks to George Mitton.

Roundtables

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Our panel discussed robo-advisers, ETF Connect, and why the mutual recognition of funds (MRF) scheme will take time to develop. Chaired by George Mitton in Hong Kong.

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Our cross-industry panel discussed fund passporting, robo-advisers and the potential of a new investment structure, the S-Vacc. Chaired by George Mitton in Singapore.