Wed, Oct 1, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Asian investor sentiment pessimistic in third quarter

Wednesday, November 13, 2013

Beverly Chandler, Opalesque London:

The latest Asian investor sentiment survey from Manulife found that investor sentiment across Asia fell sharply in the third quarter of this year, with the most noticeable declines seen in Japan and Indonesia and the deepest pessimism in Hong Kong and Taiwan, driven largely by deteriorating expectations towards the equities and property sectors.

The Manulife Investor Sentiment Index in the three months to Sept. 30, based on 3,500 interviews across seven Asia markets, dropped six points from the previous quarter to 15. This was still in positive territory but well below that seen in Manulife’s parallel index in United States (20) which fell by the same amount during the quarter. The index showed sentiment towards all surveyed asset classes to be at best lukewarm. Investor sentiment was lowest in Hong Kong (-14) for the second quarter running, while investors in Malaysia were the most upbeat (49).

"These findings underline the caution felt by investors around the region. People are sitting on their hands, unsure what to do," said Robert A. Cook, President and CEO of Manulife Financial in Asia. "The survey is clear that Asia investors aren’t looking for excitement. They want secure, steady investment returns. From their perspective that makes a lot of sense, particularly when saving for long-term goals."

Investors across the region cited market volatility as the main reason......................

To view our full article Click here

Banner

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Legal - Court throws out lawsuits related to Fannie Mae, Freddie Mac profits, Insider case by SEC is a step removed from Herbalife itself, SEC grants Citigroup waivers, easing hedge-fund curbs[more]

    Court throws out lawsuits related to Fannie Mae, Freddie Mac profits From WSJ.com: A group of Wall Street investors on Tuesday suffered a blow in their attempts to sue the federal government over their treatment of the shareholders of mortgage finance giants Fannie Mae and Freddie Mac af

  2. CalPERS’ move might alter hedge fund fees for good[more]

    Benedicte Gravrand, Opalesque Geneva: When CalPERS, the California Public Employees’ Retirement System, announced on September 15th that it was unwinding its hedge-fund portfolio, it was seen by many as is a significant blow to the sector’s appeal. The Fund is

  3. Opalesque Exclusive: Institutions eye private credit over traditional fixed income[more]

    Bailey McCann, Opalesque New York: Investing in private insurance, realty tax receivables, or investment-grade short-term accounts receivable may not spring to mind as a means of mitigating risk in a portfolio, but one firm, New York-based BroadRiver Asset Management is out to change all that. Th

  4. Short-term trading quant fund beats S&P since '09[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A relatively new multi-strategy, market-neutral quantitative hedge fund has managed to outperform the S&P500 and the HFRX Global since 2009. New Jersey-ba

  5. Unconstrained bond funds: Where hedge fund strategies meet mutual funds[more]

    From CNBC.com: For all the talk and buzz around indexes, or passive investing, the next big thing for bond mutual fund investors may be strategies that are the exact opposite. The rapid growth of "unconstrained bond funds" has been thrust into investor spotlight given last Friday's stunning news tha