Xi Jinping’s power grab brings an adjustment to risk
Chinese stocks are in a sell-off following Xi Jinping’s power grab. “Tighter state control of the Chinese economy warrants a higher risk premium.”
China offers opportunities; manageable risks
Last quarter, the Shanghai A-share Index did 11 per cent better than the S&P 500 and 15 per cent better than the MSCI Emerging Markets Index. Still, sentiment on China is gloomy. The negativity is fuelled by large amounts of bad news.
‘EU sustainability reporting rules need global alignment’
Global asset managers are concerned that the European Union’s regime for corporate sustainability reporting does not fully match their needs and that it could risk making Europe less attractive for international investors as the rules remain to be aligned with an alternative international approach that is gaining traction in international accounting discussions in the IFRS community.