Legacy stocks are leaders now, but 5G and other digital revolutions promise to return the disregarded innovators of yore to the fore again, Citi says.
Investment chiefs also said they were bullish on China A shares and expect inflation to peak in the first half of 2022.
Think Asian tech firms. That’s the reasoning of Wellington Management.
Six ASEAN-focused funds have raised $500 million in the first half of 2019.
Particular focus given to Asia-specific strategies.
The plan has committed more than $3 billion overall in 2018 to private markets as CIO William Coaker Jr. builds up the alternatives portfolio.
Total assets under management hit $722 billion, with $246 billion in dry powder.
China felt biggest impact, primarily in Yangtze River Basin.
One-fifth of global investors intend to increase their allocation to private equity in emerging markets in 2017.
Asia accounts for almost half of the global total with a record $22 billion invested.
IFC attendees focus on managing risk, exploring right opportunities.