economist; Rob Sharps , portfolio manager and member of the company's Equity Steering Committee; Ted Wiese , head of Fixed Income; and Anh Lu , portfolio manager, New Asia Fund and Asia ex-Japan
Nikko Asset Management has launched a Luxemburg-domiciled Asia ex-Japan
Equity UCITS fund that will allow Middle Eastern investors to tap into investment opportunities in Asian markets.
Aaron Arth will become sole head of ECM for Asia ex-Japan
, according to the memo.
Asia is not cheap since the MSCI Asia ex-Japan
are so optically cheapened by China's banks, South Korea's electronics/semiconductor chaebols and Thailand's energy refiners.
Yang and Sophie s appointments will reinforce Nomura s best-in-class research capability and help us to build on the leading insight that we provide to our clients, said Rob Subbaraman, Head of Global Markets Research and Chief Economist, Asia ex-Japan
Asian credit markets firmed with risk appetite returning, narrowing the spread on the iTraxx Asia ex-Japan
investment-grade index by 7 basis points.
18, 2011 (CENS) -- Moody's Investors Service said in a new report that issuance of high-yield bonds from Asia ex-Japan
will be strong in 2011, with the potential for a record year.
Of the five largest Asia ex-Japan
Index constituent countries (China, Korea, Taiwan, India and Hong Kong), Korea and Taiwan demonstrate the largest trade correlation with US capital expenditure,whereas HK and China's exports to the US correlate more strongly with US consumer spending and India simply remains much less export-intense overall.
Philip Lynch, Nomura's CEO, Asia ex-Japan
and Middle East, said: "We see significant opportunities to help our clients grasp the increasing business flows between the Middle East and beyond.
In the case of China that outlook cooled again towards the end of the week as Chinese authorities announced fresh measures to prevent a real estate bubble, though the week began with strong buying of China, Asia ex-Japan
and Pacific Equity Funds on robust GDP growth posted in the first quarter.
lt;p>The funds are based on the CAAM Group's extensive experience and invest exclusively in Shari'ah-compliant instruments or products, giving investors the opportunity to diversify their equity asset allocation thanks to the different investment processes (quantitative, active and multi-management) or country exposure (BRIC, Asia ex-Japan
, Global Equities).
What is important to note, however, is that this seems to have had some positive 'spill over' effects on the rest of Asia ex-Japan
via the export channel and the freefall in exports from countries like South Korea appears to have been arrested.