Despite the broad exodus from emerging market debt, offshore renminbi bonds have attracted flows and are expected to continue to benefit from renewed investor interest.
Tag : bank of america-merrill lynch
It's too soon to predict a structural shift in allocations from fixed income to equities, says Neill Nuttall of JP Morgan AM. But opinions are divided and contrary data is stacking up.
A win for Barack Obama will lead the US dollar to appreciate, says BoA Merrill, while noting the impact of US fiscal tightening on global GDP growth.
Allocators report the biggest jump in growth expectations in three years, but move only modest sums to equities. Emerging markets is the top regional overweight.
They turn positive on the eurozone, but sentiment dampens for China and Asia-Pacific. Fewer expect further rounds of quantitative easing amid growing inflation expectations.
Improved liquidity and rising global growth hopes are forcing investors out of cash and into risk assets, especially EM equities. Bond bulls should note a jump in inflation expectations.
The independent ETF strategist talks about the BoA Merrill U-turn, plans for her consultancy and why more retail participation will happen in Asia. And she admits she's waiting for the right job offer.
Cash balances surge to near late-2008 highs as fund managers scale back their equity positions faster than ever before. Emerging markets stand out as the sole overweight.
Investors trim emerging market exposure and allocations to equities and commodities while raising cash and bond holdings, finds the latest BoA-Merrill Fund Managers survey.
Bank of America Merrill Lynch hires Ryan Holsheimer from Goldman Sachs in a newly created role as head of Asia-Pacific equity execution services, based in Hong Kong.
Investors adopt a wait-and-see approach after high oil prices dampen their views on the global economy, reducing their exposure to equities and commodities.
One was a market solution to get around restrictions in the US, the other a government-inspired solution to internationalise a national currency, says Claudio Piron of Bank of America-Merrill Lynch.