24 May '11, 2pm

Currency values primary considerations of fund managers

Currency values primary considerations of fund managers

SINGAPORE: Asia's growing inflation and tight monetary policies that go with it are changing the way fund managers make their investment decisions. Interest rates, which are a key factor for investments, now take a backseat to make way for currency values as their primary consideration. And with that, fund managers are investing in assets denominated in currencies that are expected to rally this year. As interest rates rise, bond prices go down, and that is a disincentive to bond investors. But instead of flocking to regions with low interest rates, investors continue to find a gold mine in Asian credit markets. Manulife Asset Management said the opportunity lies in further appreciation of the Indonesian rupiah, the Korean won and Chinese renminbi. The asset management arm of Canadian-based Manulife Financial has launched an Asian bond fund to ride on these currencies' str...

Full article: http://www.channelnewsasia.com/stories/economicnews/view/...

Tweets

Yuan likely to be 3rd most popular trading currency: By Robin Chan THE Chinese yuan looks set to become th...

Yuan likely to be 3rd most popular trading curr...

straitstimes.com 23 May '11, 10am

The Chinese yuan looks set to become the third most popular trading currency in the next six months, according to an HSBC ...

NSP sec-gen Goh Meng Seng clarifies that Nicole...

Thank you for all the concerns raised here. I apologize for the great confusion and anxiety caused by this episode. Under ...

TCT wins real estate fund manager award: Singap...

sg.news.yahoo.com 25 May '11, 8am

Singapore-listed Treasury China Trust (TCT) has been recognised as the best performing real estate fund manager in Asia by...