Thu, Dec 8, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Japan story not over for hedge funds

Friday, July 04, 2014

Komfie Manalo, Opalesque Asia:

Tokyo-based Nikko Asset Management said the geopolitical issues around the globe are not much of a threat but warned China poses a particular concern. At the same time, Nikko AM’s Global Investment Committee met on June 24th for its quarterly review of global economic conditions and said the Japanese stocks have rallied during the second quarter.

"The world’s geopolitical situation currently is not as troubled as we previously viewed it," Nikko Asset Management said John F. Vail, chief global strategist and head of the Global Investment Committee. "Even though there are still some hot spots, on their own they’re not likely to derail steady global growth."

One particular area of concern is China’s property market. "Never has the world witnessed such a large speculative holding of vacant apartments, which will be severely tested as prices decline," Vail said. "So far there are no signs of panic, and we expect continued government reforms to begin to excite foreign equity investors in the coming quarters. In fact, the government continues to push economic reforms, which has caused junk bond yield spreads to surge and credit defaults to become common place. Ultimately these are prudent actions that will benefit the market in the long ru......................

To view our full article Click here

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. Institutions - Texas County & District culls 5 hedge funds, reallocates to existing managers, Kentucky board gives final approval to halve hedge fund portfolio, $38bn Finnish fund moves assets to U.S. as Europe flounders, South Korea’s National Pension Fund holds 5% stake in 62 listed companies[more]

    Texas County & District culls 5 hedge funds, reallocates to existing managers Texas County & District Retirement System, Austin, continues to reduce the number of hedge funds, but not the size of its $6.2 billion hedge fund portfolio. It will redeem a total of $760 million from five hedg

  2. Opalesque Roundtable: Australian family offices search for good risk adjusted returns, happy to pay for skill[more]

    Komfie Manalo, Opalesque Asia: Australian family offices want foremost good risk adjusted returns, and they are happy to pay for the skill, and in some cases, the limited capacity of an active manager. Jonas Daly, Head of Distribution at B

  3. StepStone announces close of Swiss Capital acquisition[more]

    StepStone Group LP announced it has successfully closed the acquisition of Swiss Capital Alternative Investments AG, one of the leading private debt and hedge fund solutions providers in Europe. The transaction was originally announced in May 2016, and has been in the process of receiving regulatory

  4. Investing - Stephen Cohen investing $275m in free clinics treating veterans' mental health issues, California Resources loses favor with hedge funds[more]

    Stephen Cohen investing $275m in free clinics treating veterans' mental health issues From Healthcarefinancenews.com: …Now, a new chain of free mental health clinics for vets has opened in five cities across the United States to fill the gap. The much-needed new treatment is underwritten

  5. Hedge funds flat in last week of November 'in sympathy with markets’[more]

    Komfie Manalo, Opalesque Asia: Hedge funds were close to flat in the last week of November in sympathy with markets, which took a pause ahead of the OPEC meeting and Italian referendum. The Lyxor Hedge Fund Index was -0.1% as of end November 29 (-1.7% YTD), according to the latest