featured insights & webinar
A quick review of what MSCI did and didn't do, its impact, why it matters and how investors should approach China going forward.
Jun 23, 2017
Our advisor, Dr. Jason Hsu, recently did a podcast with Meb Faber (co-founder and CIO of Cambria Investment Management) on China opportunities, investors' preference for complexity over simplicity, and key takeaways for investors implementing smart beta strategies in China.
Jun 08, 2017
This morning Bloomberg ran a story about LeEco, a Chinese technology conglomerate that has been growing rapidly until recently.
May 24, 2017
Are all smart beta products smart? This is a question I've asked a few times over the last few years but always got a "nuanced" answer depending on the product being marketed.
May 15, 2017
Can you trust the numbers reported by all Chinese listed corporations? Absolutely not. But that doesn't mean smart beta can't generate alpha. With help from our friends at Rayliant, we dive into a factor metric that allows us to deprioritize earnings manipulators and to generate alpha from their efforts.
Jan 17, 2017
BY TOPICS
Chart Of the Week
Alex Chu
Asia Investment Grade (IG) USD bonds continued to demonstrate more resilience performance compared to US Treasury bonds, which have not shown a significant rebound even as the MOVE index has substantially declined back to its year-low levels after the US presidential election. This trend may be attributed to ongoing investor concerns regarding the uncertainties that President-elect Trump may bring starting in January. In contrast, investors increasingly view Asia IG bonds as a safe choice, as evidenced by the narrowing spread against US Treasury bonds, which has reached the lowest level in the last decade. The spread may have room to tighten further as China shifts to a “moderately loose” monetary policy and expands fiscal spending, likely leading to lower local bond yields. This environment enhances the attractiveness of Asia IG USD bond yields. Diversifying a bond portfolio with Asia IG USD bonds may not only reduce volatility but also enhance returns. For those interested in including Asia IG bonds in their portfolios, our Premia J.P. Morgan Asia Credit Investment Grade Bond ETF, featuring a low expense ratio of just 0.23% per annum, stands out as a viable investment vehicle.
Dec 20, 2024
