Investment Management | South China Morning Post
  • Mon
  • Mar 30, 2015
  • Updated: 3:56am

Investment Management

The ins and outs of finding a trend

For virtually every fund manager it is given that an investment is for the long term. Those who 'flip' or trade positions in a matter of weeks are looked down on as the great unwashed.

Sunday, 19 December, 1999, 12:00am

The right TraHK

Officials can be forgiven for some smug smiles this morning. After the flood of criticism over the stock market intervention, and the subsequent problem of disposal, the Government has the satisfaction of seeing the initial offer of a $10 billion share offering in its TraHK fund more than three times over-subscribed at $33 billion.

9 Nov 1999 - 12:00am

Fund managers mixed on regional outlook

Confidence levels among Asia's fund managers are at their highest since before the stock market corrections across Asia, according to a Merrill Lynch survey.

Seventy-eight per cent of fund managers who responded expected a stronger global economy.

13 Oct 1999 - 12:00am

Funds shift holdings into Asia equities

Emboldened by rallies in Asian share markets, Hong Kong retirement funds reduced their cash holdings and shifted funds into regional equities during the first quarter of the year, according to Watson Wyatt's quarterly performance survey.

19 May 1999 - 12:00am

Heady days leave some sobering thoughts for investors

THE Government can well afford itself a congratulatory slap on the back over the success of its unprecedented stock market intervention in August last year.

The howls of protest - from the columns of this newspaper as much as from anywhere - that greeted the daring departure from the creed of non-intervention have died away.

18 Apr 1999 - 12:00am

Rally seen shoring up retirement nest-eggs

Retirement funds would return to positive territory next year as a result of the recent market rallies in the region, according to Dresdner RCM Global Investors.

After a 'difficult and unusual year', Dresdner marketing director Mark Konyn said Asian funds had entered a new era governed by lower risk asset allocation strategies.

11 Dec 1998 - 12:00am

Taipei hosts Citigroup, ING

Citigroup and ING Group units have received permission to set up asset management businesses in Taiwan, allowing them to sell funds in Asia's most active equity market. Securities and Futures Commission officials yesterday granted 'preparatory licences' to the two firms.

5 Dec 1998 - 12:00am

Funds better off on cash strategy

Asian investment managers, controlling about US$1 billion of funds, have turned increasingly to cash in a bid to outperform the Morgan Stanley regional benchmark.

6 Nov 1998 - 12:00am

Hong Kong shares break through the 10,000 point level

Hong Kong shares broke through the 10,000-point level for the first time in six months yesterday, riding a wave of liquidity as fund managers add more cash to rising regional markets, say brokers.

The index closed at 10,154.94 and turnover rose to $8.73 billion.

31 Oct 1998 - 12:00am

Bullish bond trend may be nearing end

THE argument for greater exposure to global fixed-income investments has, of late, become a compelling one.

Over the past 10 years, the long bond market has outperformed the more volatile equity market, according to comparisons between the MSCI World Equity Index Total Return and the Salomon Brothers World Government Bond (Total Return Index).

14 Jun 1998 - 12:00am

Tianjin arm set for big buys

Tianjin Development Holdings, the investment arm of the Tianjin municipal government, is preparing to buy about US$260 million worth of utilities, roads and consumer goods makers. Details might be revealed during a tour of existing assets arranged for fund managers starting on March 26, analysts said.

21 Mar 1998 - 12:00am

Fund manager of the year

LAST year was an exciting one for investors as stock markets in Asia soared and plunged, while those in the West were still riding the bull.

This made it one of the toughest years for the professional fund managers who look after the 1,390 unit trusts which are authorised for sale in Hong Kong.

8 Feb 1998 - 12:00am

Bear pit traps property stocks

ANALYSTS and fund managers are advising their clients to steer clear of property stocks in the first half of 1998 as competition is expected to bite harder into the property sector.

Land Registry figures, provided by Centaline Property Agency, show the number of property transactions has dropped to levels not seen since November 1995.

28 Dec 1997 - 12:00am

Europe's sun rises as favoured fund target

Prospects for Asia have never looked bleaker, and recent downgrades of South Korean, Thai, Indonesian and Malaysian debt could not have come at a more inopportune time.

The world's fund managers are deciding on asset allocation strategies for the year ahead and Asia is far down on the list of priorities.

26 Dec 1997 - 12:00am

HK leads way for minority shareholders

HONG KONG companies are miles ahead of the rest of the region when it comes to respecting the rights of minority shareholders and being open to investors, a survey by Gavin Anderson & Co shows.

The survey by the New York-based consultancy covered fund managers from 41 merchant banks and brokerages around the world.

5 Oct 1997 - 12:00am