주요 인사이트 & 웨비나
Looking past stellar Q1 returns, we discuss positioning going forward and the need to navigate the conflicting signals offered by equity and bond markets today
Apr 10, 2019
With the CSI300 up ~25% YTD, many clients are worried that the market has fully priced in the MSCI inclusion. We review 5 flawed assumptions and explain why the rally is just the start of a long-term trend.
Mar 26, 2019
As China markets reacted to expansionary policy news, familiar criticism of China’s debt and leverage concerns has begun to emerge from global investors. Separating myths from reality, our advisor Say Boon Lim shares his thoughts on the 5 biggest myths about China’s economy.
Mar 13, 2019
So far in 2019, markets have moved positively and our worst fears from Q4 remain unfounded. However, investors should not be complacent and interpret this period of good news as predictive of the rest of 2019. Markets are likely to again fear the future. In this week’s post, our advisor Say Boon Lim shares his thoughts about the current period of benign market activity.
Feb 18, 2019
As we pass the 6-month anniversary of our latest ETFs, we review their performance since launch, the underlying story behind the exposures and the potential for returns going forward.
Feb 13, 2019
We enter this year at a crossroads for markets, with multiple cycles coming to an end. In his first insight as our senior advisor, Say Boon Lim offers his thoughts on asset allocation amid diverging economic, market and currency cycles. Following his thoughts as a guide, we introduce a number of ETF implementation ideas for 2019 across equities, fixed income, commodities and even currencies.
Jan 25, 2019
Emerging markets seem to be one of the top picks among both sell-side strategies and well-known investors in 2019. We would like to examine if their views are valid and understand better about the reasons behind. To make it into an actionable advice, we also share our thought why emerging ASEAN maybe the crème de la crème and update our readers on the performance of Premia Dow Jones Emerging ASEAN Titans 100 ETF.
Jan 14, 2019
As we wrap up 2018, it’s hard not to reflect on a -25% year in A-shares. As investors, however, we have to look forward and ask ourselves – what’s in store for 2019? Will the trade war result in continued downward momentum? Or will policy accommodation and an improved trade environment result in a massive upside reversal? Looking back 10 years to the global financial crisis, we examine a potential path forward for A-shares in 2019.
Dec 17, 2018
Below is a quick summary of what you need to know regarding this weekend’s G20 Xi-Trump meeting and our thoughts on impact for Asian and Chinese equities.
Dec 03, 2018
For the past 5 years, the surest trade in finance was to bet on US technology stocks and watch market caps double and portfolio returns roll in. However, the last few months have shaken that confidence and now many investors are asking what’s next, given the diminishing growth picture globally. Asian companies focused on innovation offer an interesting opportunity in this regard, especially considering the correction so far and their potential going forward. Though many VC and tech investors have already made the shift to Asia, that move is yet to occur in public equity markets. We believe our Premia Factset Asia Innovative Technology Index, and its corresponding ETF, 3173 HK, should be in every global and tech investors toolkit.
Nov 27, 2018
토픽별
주간 차트
David Lai , CFA
CFA
Foreign interests in China’s bond market shown sustained growth, with foreign institutions holding over RMB4.44tn in Chinese bonds by the end of Apr. This marks the third consecutive month of increased foreign investment, signaling confidence in the country’s financial stability. Notably, China government bonds (CGBs) comprised the largest portion of these holdings—RMB2.11tn or 47.5%—demonstrating their appeal as secure and attractive assets. The improving sentiment is underscored by the continued rise in demand for renminbi assets. In Apr alone, foreign investors added a net US$10.9bn to their holdings of domestic bonds. Despite a modest foreign exchange deficit, China’s overall foreign exchange market has remained stable, supported by a strong trade surplus in goods, which hit a four-month high of US$31.6bn. Further bolstering investor confidence, Chinese banks are expected to see a periodic surplus in foreign exchange sales, aided by supportive monetary policies such as interest rate and reserve requirement ratio cuts. Progress in high-level Sino-US trade negotiations and a temporary easing of tariffs also contribute to a more favorable investment climate. The growing foreign appetite for CGBs highlights their strength as stable, long-term assets. Backed by strong macroeconomic fundamentals and improving trade dynamics, China’s bond market continues to present attractive opportunities for global investors seeking diversification and steady returns.
May 26, 2025
