HK protests set to stress-test China’s priorities

There was a cold rationale behind China’s top leaders authorising its military to violently crush pro-democracy protestors in Tiananmen Square on July 4, 1989 no cost was too high to maintain control. Hundreds were killed, and the international backlash was so severe that China’s rulers have attempted to internally suppress all Continue Reading

RMB plunge underlines key risks for global investors

China’s currency weakening beyond 7 to the US dollar on Monday has wide-ranging implications for asset owners globally it could prompt reviews of investment portfolios and strategies and will lead to greater scrutiny of the risks posed by dollar-yuan moves, experts say. This latest salvo in the prevailing US-China trade war has Continue Reading

Global fund firms prepare for faster Chinese liberalisation

This month’s surprise announcement that wholly foreign-owned fund management companies are to be allowed in China from 2020  one year ahead of schedule  has inevitably sent a frisson of excitement through the global asset management industry. However, major challenges lie ahead. “This topic is high on the agenda of many global players Continue Reading

Great expectations: Philippines economy pulls ahead

According to First Metro Investment Corporation (First Metro) and the University of Asia and the Pacific’s Capital Market Research units’ May report – The Market Call – the Philippines remains one of Asia’s best performing economies, despite May’s inflation rate rising slightly by 0.2% to 3.2%. Recent central bank policy Continue Reading