EMEA
Search Nikko AM
-
Harvesting Growth, Harnessing Change - Monthly Insights: Asian Equity-August 2022
SHARE THIS The regional index of the MSCI AC Asia ex Japan in August was flat at 0.0% in US dollar terms, recovering after falling into negative territory earlier. The North Asian region was weighed down by foreign currency effects, trailing behind its...
https://emea.nikkoam.com/articles/2022/asian-equity-monhtly-august-2022 -
Navigating Japan Equities: Monthly Insights from Tokyo (September 2022)
SHARE THIS This month we discuss the factors behind Japan’s high level of share buybacks; we also look at the economic implications of COVID in the wake of a particularly large infection wave.
https://emea.nikkoam.com/articles/2022/japan-equity-monthly-september-2022 -
On the Ground in Asia-Monthly Insights: Asian Fixed Income-July 2022
SHARE THIS We are taking a more constructive view in duration overall, as we believe that the markets have largely priced in hawkish Fed expectations. Among the low-yielding countries, we prefer Singapore and Hong Kong, while we like Malaysia and India...
https://emea.nikkoam.com/articles/2022/asian-fixed-income-monthly-july-22 -
Balancing Act-Monthly insights: Multi-Asset Team-August 2022
SHARE THIS The shift in market narratives continues to gather pace, matching the increase in volatility of the economic cycle seen since the beginning of the pandemic. Central banks are generally aiming to smooth the economic cycle, but this time they...
https://emea.nikkoam.com/articles/2022/multi-asset-august-2022 -
Harvesting Growth, Harnessing Change - Monthly Insights: Asian Equity-July 2022
SHARE THIS Higher commodity prices impacted returns in Asia, while a slip in prices of crude oil and metals benefitted many Asian nations. We expect the future trajectory of inflation to dictate the path of interest rates, which in turn is seen...
https://emea.nikkoam.com/articles/2022/asian-equity-monhtly-july-2022 -
Navigating Japan Equities: Monthly Insights from Tokyo (August 2022)
SHARE THIS We take a look at the short and long term prospects of Abenomics without Abe, and we also discuss the recent trend of an increasing number of Japanese companies passing on higher costs to consumers and whether this phenomenon can continue.
https://emea.nikkoam.com/articles/2022/japan-equity-monthly-august-2022 -
Balancing Act-Monthly insights: Multi-Asset Team-July 2022
SHARE THIS The East and West appear to be headed in different directions. The East may benefit from China’s easing and supportive growth characteristics. Meanwhile, the West is mired in slowing growth, excessive levels of inflation and central banks...
https://emea.nikkoam.com/articles/2022/multi-asset-july-2022 -
On the Ground in Asia-Monthly Insights: Asian Fixed Income-June 2022
SHARE THIS Inflationary pressures accelerated in May across the region, due to higher transport and food prices. We maintain our preference for Malaysian bonds, as we believe that inflation will be better contained in Malaysia compared to other...
https://emea.nikkoam.com/articles/2022/asian-fixed-income-monthly-june-22 -
Navigating Japan Equities: Monthly Insights from Tokyo (July 2022)
SHARE THIS We take a look at why the Bank of Japan is likely to stick to its easy monetary policy even as other central banks embark on policy tightening; we also highlight the signs of a full-fledged capex recovery taking place in Japan.
https://emea.nikkoam.com/articles/2022/japan-equity-monthly-july-2022 -
Harvesting Growth, Harnessing Change - Monthly Insights: Asian Equity-June 2022
SHARE THIS Fears of a recession and the US CPI hitting a four-decade high of 8.6% year-on-year in May rippled through various economies. Asian markets took heed from the multiple headwinds in the US, with inflation being a common theme across the...
https://emea.nikkoam.com/articles/2022/asian-equity-monhtly-june-2022 -
Balancing Act-Monthly insights: Multi-Asset Team-June 2022
SHARE THIS Defined as negative growth for two consecutive quarters, a recession is certainly in the realm of possibilities (if not probable). However, it may be more a reflection of continued extreme economic volatility following the COVID-19 pandemic,...
https://emea.nikkoam.com/articles/2022/multi-asset-team-june-2022 -
On the Ground in Asia-Monthly Insights: Asian Fixed Income-May 2022
SHARE THIS We prefer Malaysian bonds, as we are of the view that inflation will be relatively better contained in Malaysia. We are keeping a neutral view on duration for low-yielding regions and countries such as Hong Kong, Singapore and Thailand. On...
https://emea.nikkoam.com/articles/2022/asian-fixed-income-monthly-may-22 -
Navigating Japan Equities: Monthly Insights from Tokyo (June 2022)
SHARE THIS This month we explain why losses by Japanese equities so far in 2022 have been limited relative to their peers; we also assess the positive impact a return of inbound tourism could have on Japan’s economy and markets.
https://emea.nikkoam.com/articles/2022/navigating-japan-equities-monthly-insight-june-2022 -
Harvesting Growth, Harnessing Change - Monthly Insights: Asian Equity-May 2022
SHARE THIS Asian equity markets rose marginally in May, boosted by Shanghai’s plan to lift COVID-19 restrictions, even as the US Federal Reserve raised its benchmark overnight interest rate by 50 basis points. For the month, the MSCI AC Asia ex Japan...
https://emea.nikkoam.com/articles/2022/asian-equity-monhtly-may-2022 -
Balancing Act-Monthly insights: Multi-Asset Team-May 2022
SHARE THIS The outlook is increasingly clouded as markets come to terms with a Fed that may do “whatever it takes” to contain inflation. Given that current inflationary pressures appear to be mainly driven by supply-side constraints and rising energy...
https://emea.nikkoam.com/articles/2022/multi-asset-team-may-2022 -
On the Ground in Asia-Monthly Insights: Asian Fixed Income-April 2022
SHARE THIS Increasing energy and food prices were the main factors that pushed most regional headline CPI prints higher in March. The Monetary Authority of Singapore aggressively tightened FX policy while China stepped up both monetary and fiscal...
https://emea.nikkoam.com/articles/2022/asian-fixed-income-monthly-april-22 -
Harvesting Growth, Harnessing Change - Monthly Insights: Asian Equity-April 2022
SHARE THIS Asian markets were downcast in April as investors were concerned about inflation and the likelihood of a larger-than-expected rate hike by the US Federal Reserve. For the month, the MSCI AC Asia ex Japan Index fell by 5.2% in US dollar (USD)...
https://emea.nikkoam.com/articles/2022/asian-equity-monthly-april-2022 -
Navigating Japan Equities: Monthly Insights from Tokyo (May 2022)
SHARE THIS We discuss the implications of the weak yen, now considered by some as a menace rather than a blessing, for the Japanese market and economy. We also explain the potential impact of higher energy and commodity prices.
https://emea.nikkoam.com/articles/2022/navigating-japan-equities-monthly-insight -
Balancing Act-Monthly insights: Multi-Asset Team-April 2022
SHARE THIS Relief rallies are always encouraging but do not necessarily portray parting clouds for a return to “normal” market conditions. The market is still digesting a rather dizzying array of challenging dynamics that have unfolded quickly over the...
https://emea.nikkoam.com/articles/2022/multi-asset-april-2022 -
On the Ground in Asia-Monthly Insights: Asian Fixed Income-March 2022
SHARE THIS We have eased our cautious view towards duration as we expect global rates to consolidate from current levels. On currencies, we are positive on the Malaysian ringgit, Indonesian rupiah and Singapore dollar.
https://emea.nikkoam.com/articles/2022/asian-fixed-income-monthly-march-22
