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Do the risks still outweigh the opportunities in China?

China, once a beacon for investors, is facing unprecedented challenges, leaving institutional portfolio managers worldwide questioning its investability. ‘A valid concern, but the question whether or not China is still investable is too complex for a simple yes or no.’

That’s according to Arthur Kroeber, founder of Gavekal Dragonomics, an independent research firm specializing in the economics, politics, and social issues of China. 

Fund houses bet on ETFs as future of investing

Fund managers are beefing up their exchange-traded fund (ETF) ranges, to judge from a recent flurry of product launches. Luxembourg’s fund industry faces a dual threat: these ETFs launched in Ireland and are taking market share from traditional Ucits mutual funds, its core product.

Both Paris-based AXA Investment Management and Boston-based Fidelity Investments have recently launched products offering active management and research at a lower cost.

Euphoria!

Let me begin by stating my agreement that the Federal Reserve is unlikely to raise interest rates imminently. However, basing this expectation solely on the latest inflation figures seems overly optimistic. The recent data, after all, were not exceptionally positive.