Ahead of the curve: Hold faith in Chinese equities

Ahead of the curve: Hold faith in Chinese equities Investment & Pensions Europe (IPE) February 2019 By Jason Hsu and Phillip Wool (article contribution to IPE) https://www.ipe.com/analysis/ahead-of-the-curve/ Excerpt: Exposure to Chinese equities presents opportunities in both market beta and alpha For emerging markets stocks, 2018 was a challenging year. Mainland Chinese stocks – the ‘A…

Taiwan’s BLF opens tender for US$1.5 billion multi-factor mandate

Taiwan’s BLF opens tender for US$1.5 billion multi-factor mandate Asia Asset Management November 21, 2018   https://www.asiaasset.com/news/Taiwan_BLF_1120.aspx   Excerpt:   Taiwan’s Bureau of Labor Funds (BLF), which supervises the island state’s labour pensions, is calling for bids for its first multi-factor mandate, with total funding of US$1.5 billion. The BLF is looking for five fund…

BLF invites bids for $1.5bn EM equity mandate

BLF invites bids for $1.5bn EM equity mandate Asian Investor November 20, 2018 Jolie Ho   https://www.asianinvestor.net/article/blf-invites-bids-for-1-5bn-em-equity-mandate/448415   Excerpt: Taiwan’s Bureau of Labor Funds is inviting bids for a five-year, quasi-passive emerging markets equity mandate of $1.5 billion to be split equally between five asset managers. The NT$3.94 trillion ($127 billion) state pension manager – a keen…

Fuzzy Math in Quant ETFs? A $1 Trillion Boom Draws Naysayers

Fuzzy Math in Quant ETFs? A $1 Trillion Boom Draws Naysayers Bloomberg October 30, 2018 Justina Lee and Lu Wang https://www.bloomberg.com/news/articles/2018-10-30/fuzzy-math-in-quant-etfs-a-1-trillion-boom-draws-naysayers   Today’s rules-based investing models were supposed to take the guesswork out of Ben Graham’s age-old principle of using “established standards of value” in deciding what to own. In practice, some argue, they’ve made…

Smart Beta ETFs Embraced Amid A-Share Downturn

Smart Beta ETFs Embraced Amid A-Share Downturn Caixin Global October 12, 2018 Yue Yue and Han Wei   https://www.caixinglobal.com/2018-10-12/smart-beta-etfs-embraced-amid-a-share-downturn-101333982.html In the face of China’s stock-market slump, two Hong Kong exchange-traded funds (ETFs) that debuted a year ago are posting growth, reflecting increased holdings of Chinese stocks in foreign portfolios and the funds’ unconventional investment strategies.…

Hong Kong-based money manager chooses Pittsburgh for its East Coast hub

Hong Kong-based money manager chooses Pittsburgh for its East Coast hub Pittsburgh Post-Gazette 13 September Tim Grant http://www.post-gazette.com/business/money/2018/09/13/International-money-manager-acquires-Pittsburgh-firm-Fusion-Investment-Group-Rayliant-Global-Advisors/stories/201809120148Â “A Hong Kong-based investment management group looking for new opportunities to enter the U.S. public pension market has acquired Fusion Investment Group LLC, an employee-own hedge fund based in Canonsburg. “Fusion, founded in 2006, has built a…