27 Jun 2024 Kenneth Tang Senior Portfolio Manager, Asian Equity Singapore recently had its first leadership change in 20 years. What does this mean for the Singapore market? Watch Kenneth Tang as he provides 3 key takeaways. Important information: This video is prepared by Nikko Asset Management Co., Ltd. and/or its affiliates (Nikko AM) and is for distribution only under such circumstances as may be permitted by applicable laws. This video does not constitute personal investment advice or a personal recommendation and it does not consider in any way the objectives, financial situation or needs of any recipients. All recipients are recommended to consult with their independent tax, financial and legal advisers prior to any investment. This video is for information purposes only and is not

SG Budget Babe June 13, 2024 11 minute read Based off recent market sentiments, the current bond market has been distressing for some investors. But if you think that’s a reason to strike off bonds (or bond ETFs) completely, think again. The past few years have been challenging for bond investors as central banks rapidly raised interest rates, which created uncertainty and volatility for both equities and particularly for long-term bonds. After decades of very low yields, the Federal Reserve embarked on a very rapid rate hiking program in March 2022, moving the Fed Funds rate from nearly zero to over 4% in just nine months. This had an impact on the bond market, and the losses have been worse for holde

By the Japan Equity Team December 2022IntroductionAs geopolitical risks and globalisation are reassessed in the wake of the COVID-19 pandemic and war in Europe, we believe that Japan stands to benefit as more companies refocus on their home markets. Rising inflation could potentially break the cycle of disinflation (temporary slowing of the pace of price inflation) and low wages, paving the way for the Bank of Japan (BOJ) to revise its accommodative policy. In addition to these macroeconomic factors, continue to help investors unlock value in 2023.Geopolitical risk and Japanese companiesNational and energy security became major focal points in 2022 in the wake of Russia invasion of Ukraine. The direct impact of the war is being felt most acutely in Europe, which has close economic ties wit

4 April 2024 Asian Equity Team Watch snippets from the related Insights article titled “Prospect of lower rates makes Asian REITs an increasingly vibrant asset class” Important information: This video is prepared by Nikko Asset Management Co., Ltd. and/or its affiliates (Nikko AM) and is for distribution only under such circumstances as may be permitted by applicable laws. This video does not constitute personal investment advice or a personal recommendation and it does not consider in any way the objectives, financial situation or needs of any recipients. All recipients are recommended to consult with their independent tax, financial and legal advisers prior to any investment. This video is for information purposes only and is not intended to be an offer, or a solicitation of an offer, to

China’s reopening has brought a wave of foreign investor interest to its bond market. Is it time to relook at China bonds, and the potential benefits they might bring to your portfolio? Written by Priscilla Lee, Value Champion, November 3, 2023 China bonds have established and solidified themselves as an asset class amongst institutional investors. According to the Bank of International Settlements, China is now the second largest issuer of bonds in the world.^ In 2022, China accounted for US$20.9 trillion worth of bonds, behind the US (US$51.3 trillion), and ahead of Japan (US$11 trillion). China’s rise as a global debt issuer is impressive, considering its bond markets clocked in at just US$3.1 trillion in 2010. The growth was especially robust in the last three years, when the Chinese b

by Timothy Ho, Dollars and Sense June 13, 2024 By adding a bond exposure, we can improve the resilience of our portfolios while still maintaining our returns. This article was written in collaboration with Nikko Asset Management. All views expressed in this article are the independent opinion of DollarsAndSense.sg based on our research. DollarsAndSense.sg is not liable for any financial losses that may arise from any transactions and readers are encouraged to do their own due diligence. You can view our full editorial policy here. In the investment world, stocks often command more attention compared to bonds. T

The share price performance of Singapore REITs has been mixed so far this year. We find out why diversification may be a sound REIT investing strategy. This post was created by Beansprout in partnership with Nikko Asset Management Asia Limited. All views and opinions expressed in this article are Beansprout's objective and professional opinions. What happened? Investors in Real Estate Investment Trusts (REITs) have seen mixed fortunes this year. While a benchmark of Singapore REITs as measured by the iEdge S-REIT Index has declined by about 4% from January to August 2023, the returns of individual REITs have been widely divergent with interest rates expected to remain higher for longer. (Source: SGX) For example, the performance of data centre REITs such as Keppel DC REIT has been strong,

Future Quality in a changing world. 20 December 2023 Global Equity Team Watch our Global Equity Outlook 2024 video below: Financial regulators like to say that past investment performance is no clear indicator of future performance. Yet, we investors often look to the past to glean an indication of what future market conditions may be like. There are often patterns that can be exploited or traps that may be avoided. As we head into 2024, however, the past may not provide the usual useful insights. From a macro perspective, central banks’ experimentation with quantitative easing—which provided relatively benign market conditions since the Global Financial Crisis—is being unwound and this “quantitative tightening” is new territory for policymakers and investors. At the same time, we seem to

Fundamentals and technicals to remain supportive. 9 January 2024 Asian Fixed Income Team Fundamentals Macro The year 2023 turned out differently than we initially envisioned. Throughout 2023, investors have eagerly watched US jobs data and inflationary readings, debating the timing of the last rate hike. Recent rhetoric from Fed officials suggests the central bank is not ruling out another increase in 2023, as labour market conditions remain tight, business activity continues to be more robust than expected and inflation stays above the Fed’s 2% target. Global growth defied any kind of recessionary expectations although interest rates have been raised further and cuts that the market anticipated continue to be postponed. The current macro and market backdrop may see little or minor change

Focus on growth pockets, quality opportunities and earnings resilience. 13 December 2023 Asian Equity Team Watch our ASEAN Equity Outlook 2024 video below: ASEAN well placed for growth in 2024 Global monetary tightening and the dollar’s exceptional strength stood out in 2023, and these factors were a major headwind for most emerging markets including ASEAN. In our view, focus in 2024 will shift from interest rate tightening towards growth, or more specifically, finding pockets of growth amid a slowing global economy. We expect ASEAN to perform relatively well as the region, in our view, possesses a relatively stronger growth narrative and a more accommodative policy backdrop.  ASEAN’s growth as a region is poised to edge up from an estimated 4.0% in 2023 to 4.5% in 2024*. Though incre

Nikko AM Shenton Emerging Enterprise Discovery Fund highlights 22 March 2024 Watch Grace Yan, Senior Portfolio Manager of Asian Equity, who manages this award-winning fund as she shares with us on how investing in stocks of Asia ex-Japan smaller companies can be advantageous to an investors’ portfolio. Important information: This video is prepared by Nikko Asset Management Co., Ltd. and/or its affiliates (Nikko AM) and is for distribution only under such circumstances as may be permitted by applicable laws. This video does not constitute personal investment advice or a personal recommendation and it does not consider in any way the objectives, financial situation or needs of any recipients. All recipients are recommended to consult with their independent tax, financial and legal advisers p

Written by: SG Budget Babe, March 3, 2023 10 minute read There’s no doubt that electric vehicles (EVs) are the future. But the question is, who will win the EV race? Will it be Tesla, Nio, Rivian, Xpeng, BYD, Hyundai or perhaps Ford? A few weeks ago, the Internet was abuzz after Elon Musk said that he expects Tesla’s main rival to be a Chinese player. Could that be BYD, Nio or Geely? While only time will tell which Chinese player will emerge champion, one thing is certain: we cannot underestimate China when it comes to the growing EV industry. After all, China’s plans were already underway more than a decade ago (while other countries were still debating over whether climate change was indeed a real threat), and the government began subsidizing EV sales as early as 2010 when the industry w