Mansfield Mok, senior portfolio manager at New Capital EFG Asset Management will discuss structural changes of the Chinese economy at the InvestmentEurope Pan Europan Fund Selector Summit held on 28-30 September in Hamburg. Mok will discuss among others the growth of the Chinese tourism industry, with 120 million Chinese tourists are expected to travel outside […]
Swiss group EFG Asset Management has appointed Rebekah Chuan as CEO and head of Investment in its branch located in Singapore. The appointment is part of the company’s development in Asia. Chuan will head the business from Singapore and will have executive responsibility for developing the investment solutions offering. She joins from DBS where she built the discretionary portfolio […]
EFG Asset Management has launched New Capital UK Select Equity fund to boost its European-targeted product range. New Capital, through which the fund was launched, is the mutual funds brand of EFG Asset Management (EFGAM). The fund is an open-ended equity fund that will typically invest in 35 to 45 UK stocks across all market capitalisations and […]
The ‘China growth story’, which was underpinned by manufacturing exporters in the past but is ever more by local consumption now, is one key reason some managers posit to invest in the region.
The New Capital Wealthy Nations Bond Fund, co-launched by Stratton Street Capital and EFG Asset Management, is celebrating its third birthday with a return of 31%, double the average three-year returns of the sector (according to Trustnet).
These days, all roads for European fund managers and allocators seem to lead to Asia. But when they arrive, it is clear some of them struggle with ‘what now?’.
EFG Asset Management (EFGAM), the asset management arm of EFG International, has grown its Hong Kong team with two appointments; Nigel Sze as head of Asia and Harmen Overdijk as head of Investments.
The latest roundup of fund selector views finds that regulation in Switzerland and the euro/dollar exchange rate or being closely monitored, along with a boom in microfinance private equity funds.
Rising Chinese salaries and US wage stagnation are causing factory repatriation and a US ‘manufacturing renaissance’, managers and allocators say.
If an individual invested in the Dow Jones Industrials Index from 1 November to 30 April every year from 1949 to 2010 – the ‘winter season’ – and held cash in their account for the remainder of each year, he would have recorded a gain of 6688%, before tax.
Foreign exchange investors have expressed caution over the prospects for Chinese renminbi, despite the currency’s growth trajectory in recent years and its depegging from the dollar in June 2010.
Allocators say they will allocate to hedge funds again, but only to those that meet strict criteria.