Latest news with #GlobalFunds
Bloomberg
13 hours ago
- Business
- Bloomberg
Malaysian Bond Outflows to Ease on Fed Cut Bets, Lower Dollar
Foreign outflows from Malaysia's domestic bond market may ease, according to Convera Singapore, as growing expectations of Federal Reserve interest-rate cuts begin to shift investor sentiment. Global funds withdrew $1.2 billion from Malaysian sovereign debt last month, the largest outflow since October, as the dollar gained for the first time this year.
South China Morning Post
a day ago
- Business
- South China Morning Post
Chinese stocks' foreign inflows gathering steam, Morgan Stanley says
Foreign inflows to Chinese stocks will probably continue after the summer, as a regulatory push to boost shareholder returns, appealing valuations and rising expectations of interest-rate cuts in the US lure investors, according to Morgan Stanley. The rotation back to Chinese stocks was expected to be 'stronger' after two consecutive months of net buying by global long-only funds, analysts led by Laura Wang at the US investment bank said in a report on Friday. Long-only funds poured US$2.7 billion into Chinese stocks in July, accelerating from a net inflow of US$1.2 billion in June, the report said. That came despite holdings reductions by some large actively managed mutual funds focused on Asia excluding Japan, it said. Shunned over the past few years, Chinese stocks are now back on the radar for global investors after trade tensions between Beijing and Washington de-escalated and the mainland's first-half economic growth exceeded estimates. Hong Kong's Hang Seng Index has gained 24 per cent this year, and the CSI 300 Index of mainland-listed shares has added almost 5 per cent. 'China, with the second-best earnings revision breadth trend and a more fair valuation compared to other markets, should once again attract additional fund flows,' Wang said. 'As we approach the Fed rate cut schedule and a higher consensus towards a weaker US dollar, global investors' willingness to allocate into non-US markets should also pick up.' The bank's assessment dovetails with China's official data on foreign buying. Overseas investors bought a combined US$10.1 billion of onshore stocks and mutual funds in the first half, starting to reverse the flight over the past two years, the foreign-exchange regulator said last month.
Zawya
18-07-2025
- Business
- Zawya
Middle Eastern wealth funds ready to increase investments in China: Survey
Around 60% of Middle Eastern wealth funds are willing to increase their allocations to Chinese assets over the next five years, according to the latest Invesco global sovereign asset management study. The remaining 40% will continue to maintain their investment. Sovereign funds in Asia-Pacific and Africa will be more proactive, with 88% and 80%, respectively, expressing intentions to increase their investments. About 73% of North American funds are open to investing in China. The global funds cited several factors when justifying their increased investments in China, with 71% identifying strong returns made in China, 63% wanting to diversify, and 45% citing increased market access for foreign investors. The most attractive sectors for investment in China were digital technology and software, advanced manufacturing and automation, and clean energy and green technology, the Invesco report said. Martin Franc, CEO of Asia ex-Japan, Invesco, said that respondents approved of supportive policies from Beijing and believed the market was a place where innovative technologies could blossom. 'Their growth story has only a limited amount to do with what happens in the West. So, it is phenomenal for political and capital diversification,' the study reported quoting an unnamed Middle East-based sovereign wealth fund. The study polled 141 senior investment professionals, including chief investment officers, heads of asset classes, and portfolio strategists, from 83 sovereign wealth funds and 58 central banks worldwide, who collectively managed $27 trillion in assets.
Bloomberg
10-05-2025
- Business
- Bloomberg
Global Funds Chase Asian Stocks as FX Surge Counters Trade Angst
Global funds are piling back into Asian stocks as the attraction of soaring currencies and resilient earnings offsets concern that higher US tariffs will sap the region's economic growth. Investors have been net buyers of equities in Asian emerging-markets excluding China for three straight weeks, the longest such streak in more than a year. The MSCI gauge of regional stocks outside Japan has rallied almost 16% over the past month, while an index of global shares has risen only about half that amount.
