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Deutsche Bank WM: Expect tighter monetary policy, accommodative fiscal policy...
Deutsche Bank Wealth Management expects tighter monetary policy and more accommodative fiscal policy in China this year, after the country’s leadership signalled its economic objectives and policy...
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GAM: Japanese equities to see 20% surge in earnings
GAM believes that now is the time to increase allocations to Japanese equity funds, as it forecasts 20% growth earnings growth in the Japanese equity market in 2017. “Japanese corporates’ profit...
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AM Heat Map: APAC USD bond fund interest undeterred by 100% March rate hike...
Markets are pricing for a 100% chance of a March rate hike, just days away from the next FOMC meeting. However, private bankers in Asia appear undeterred by the potential effects of a stronger dollar...
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UBP: Gold to remain range-bound between US$1,100-1,300
Even though gold is likely to benefit from a surge in populist sentiment in Europe as well as other unconventional policies that Trump may implement – such as tax tariffs – Union Bancaire Privée...
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UBS: “Stability takes centre stage” in China
With details forthcoming regarding China’s recent National People’s Congress (NPC) and the Chinese People’s Political Consultative Conference (CPPCC), UBS Wealth Management expects the top priority on...
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Pictet: Strong US job creation reinforces March rate hike
A healthy US employment report last week further reinforced Pictet’s existing view towards a March rate hike and its 2017 GDP growth projection of 2.0%. The latest job creation figures were robust,...
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Deutsche Bank WM: Beware the “Ides of March”
“Volatility has raised its ugly head again,” Deutsche Bank Wealth Management says in its latest CIO note, advising investors to be mindful over several events which are likely to trigger a market...
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BoS: Stay defensive before March hike
Bank of Singapore cautions investors to stay defensive and be wary of the US equities that are likely to trigger some short-term pullback and volatility in the market in its latest investment note....
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DBS: The era of rising rates has arrived
DBS says that the likelihood of a 25 bps rate increase is “almost a foregone conclusion”, with the narrative switching towards how fast the rate hiking cycle will be. According to the bank, this could...
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Private banks react ahead of Fed meeting
All eyes may be on the Federal Open Market Committee (FOMC), but the narrative has already shifted from whether the Fed will hike rates to how fast the hiking cycle will be. A rate hike, which is...
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Pictet cautions on China’s H2 economic outlook
Pictet believes China’s economic growth will remain stable in the first half of 2017, but warns investors to be wary thereafter, pointing to a potential weakening in fixed-asset investment. “As the...
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Private banks respond to Fed hike
Affirming the strength of the economy, the US Federal Reserve has raised interest rates by 25 bps to a range of 0.75% to 1%, in a move that should not have come as a surprise to any market...
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AM Heat Map: Premier Li piques global investor interest in CNY bonds
Premier Li Keqiang announced in February that a Hong Kong-China Bond Connect scheme will be launched by 2017-end. Casual onlookers might assume that a weakening yuan does not make for an immediately...
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Credit Suisse PB: Cyclical recovery of Asia gaining momentum
Even though Asian equities have taken a pause over the last month following a 7.2% YTD rally, Credit Suisse Private Banking expects the region’s economy to continue its cyclical recovery, underpinned...
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LGT: Equity volatility to rise in Q2
Private banks struggling with underinvested Asian HNWIs could face further pressures, with LGT indicating that volatility could rise in the second quarter following a prolonged period of calm....
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DBS: Cooling on US equities
DBS has downgraded its US equities from overweight to neutral, even with U.S. stock market riding strong since Trump’s election victory. “The Trump administration will boost fiscal spending...
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Rothschild WM: Political risks not always investment risks
Rothschild Wealth Management argues that political risks do not always translate into investment risks, even as Brexit and a number of European elections promise to stir up headwinds. “A ‘hard’ Brexit...
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DBS: Rising US asset prices could force Fed to accelerate rate hikes
Despite a broad improvement in equity market sentiment, a rapid rise of US asset prices and looser financial conditions could force the Fed to accelerate monetary tightening, says DBS. Rising US asset...
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Pictet: ECB in the NIRP escape room
Pictet: ECB’s exit strategy like being in an ‘escape room’ Expectations that the European Central Bank (ECB) will raise its deposit rate before ending quantitative easing (QE) are growing, says Pictet...
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EM bond investors “more relaxed” about Fed rate hikes
Although emerging market (EM) bonds, particularly those denominated in USD, are seen as vulnerable to the Fed’s rate hikes, Asian investors are more relaxed about the Fed’s influence on these assets...
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