Emerging market bankers and fintechs parse big data to predict credit risk
For banks to make loans to individuals or businesses without a credit history, they must turn to non-traditional metrics, but the results can be spotty.
emerging markets
Nothing but blue skies in November, BofA-ML fund managers survey finds
All it took was another rate cut: Economic growth expectations surged and risk-taking took off in November, according to the Bofa-ML fund managers survey.
Fund managers grow more depressive on trade war outlook, October BofA-ML survey finds
Fund managers are more dispirited about the potential for a trade war resolution, according to the October BofA-ML fund manager survey, released Wednesday.
Fund managers’ recession fears grow, BofA-ML September survey finds
Fund managers’ recession expectations have hit levels last seen during the Global Financial Crisis, according to the BofA-ML September survey Tuesday.
BofA-ML survey: Fund managers grow more jittery in August, turning to protection
Global fund managers are still nervous in August, pulling away from equities and turning to “insurance,” the BofA-ML fund manager survey said Tuesday.
BofA-ML survey: Fund managers step back from bearish brink, but jitters persist
Global fund managers were a tad less pessimistic, but they continued to fret over economic risks, the BofA-ML fund manager survey for July found.
Fund managers turn most bearish since financial crisis, June BofA-ML survey finds
Global fund managers are at their most pessimistic since the Global Financial Crisis amid trade war concerns, the BofA-ML survey for June found.
BofA-ML: Fund managers well-hedged amid trade war fears
More than a third of fund managers have taken out hedges to protect against a sharp market fall over the next three months, the May BofA-ML fund manager survey found.
BofA-ML April survey: Fund managers add equity allocations as economic view turns less bearish
Global fund managers turned slightly less bearish in their economic outlook, spurring additions to their equity allocations, BofA-ML’s April survey found.
Cash is king as fund managers remain bearish, BofA-ML February survey finds
Fund managers remained bearish, with cash overweights at their highest since the Global Financial Crisis, the BofA-ML February fund manager survey found.
Fund managers are most bearish on economy since Financial Crisis, BofA-ML January survey shows
Global fund managers are now at their most bearish on the economy since 2008, during the Global Financial Crisis, with 60 percent expecting growth to…
Nomura: Emerging market stocks may outperform developed markets in 2019
Valuations, improving growth differentials, positioning and healthy balance sheets all suggest emerging market equities have a favorable risk-reward outlook, compared with developed markets, Nomura said…
Societe Generale: Three reasons emerging markets will underperform in 2019
Emerging market currencies and other assets are likely to continue to weaken in 2019, Jason Daw, head of emerging markets strategy at Societe Generale, said…
Goldman Sachs: Emerging market selldown is overdone
The drop in emerging market equities amid the global market selldown is overdone, with firmer valuations warranted by stable earnings and economic growth, Goldman Sachs…
BofA-ML October survey: Fund managers turn decidedly bearish on economy
Fund managers have turned decidedly bearish on the outlook for the global economy and for corporate profits, according to the Bank of America-Merrill Lynch’s October survey…
BofA-ML survey: Fund managers look bearish equities, but still eye US stocks
Fund managers are cutting their allocations to equities in general, but are piling into U.S. stocks in September, according to the Bank of America-Merrill Lynch…
Singapore market trends Friday: Shares may gain as dollar weakens, US-China tensions may ease
Singapore’s shares may follow positive leads from regional markets on Friday and from Wall Street on Thursday amid some expectations that the U.S. may temper…
Nomura: Indonesian rupiah set to depreciate further amid emerging market selloff
Nomura tipped Indonesia’s rupiah could fall further, after touching its weakest levels since the late 1990s Asian Financial Crisis earlier this week, as Bank Indonesia’s…
Singapore market trends Wednesday: Jitters over EM and US trade war to cast pall
Singapore’s shares may stumble on Wednesday as traders will face continued jitters over the U.S. trade war, even as emerging markets continue to face fears…
Indonesia’s rupiah drops to weakest since late-1990s Asian Financial Crisis
Indonesia’s rupiah fell to its lowest against the U.S. dollar since the Asian Financial Crisis struck in the late 1990s on Friday amid a general shunning of emerging…
Bursa Malaysia crude palm oil futures face emerging market demand weakness
Dimmer emerging market demand expectations are placing crude palm oil futures on the Bursa Malaysia Derivatives exchange under pressure from weaker currencies and seasonal trade…
Fund managers’ allocations to US equities at highest since 2015: BofA-ML survey
Fund managers’ allocations to U.S. equities rose by 10 percentage points to 19 percent overweight, the highest level since January 2015 and the first time…
BofA-ML fund manager July survey: Trade war biggest tail risk since EU debt crisis
A trade war is now seen as the biggest tail risk for markets since the 2012 European debt crisis and that could offer opportunities for…
Temasek: Risk of US recession is rising amid trade tensions
The risk of a U.S. recession is rising, as is the risk that trade tensions will escalate into a full-blown trade war, Singapore state-owned investment…
How much of a trade war have markets priced in? JPMorgan says it’s a lot
Markets have been fitful as the U.S. has pursued a global trade war, but it isn’t clear when it the potential and already incurred damage…
Wells Fargo: Cut REIT exposure and add emerging market bonds
Real-estate investment trust (REIT) valuations are still at a discount, but it’s time to cut exposure and reallocate into emerging market fixed income, Wells Fargo…
Why emerging market currencies won’t rally against the dollar near term
The rally in emerging market currencies appears to be over and it’s not set to resume any time soon, Capital Economics said. Emerging market currencies’…
Societe Generale: Go long South Africa’s rand, while shorting Russia’s ruble
Go long South Africa’s rand, while shorting Russia’s ruble, Societe Generale said, pointing to diverging political narratives. “South Africa continues reform story, while Russia geopolitics add…
Societe Generale: Bullish sentiment on emerging markets is eroding
The bullish sentiment on emerging markets is eroding, Societe Generale said after recent client visits in Europe and Hong Kong. “Investors are, on balance, still…
Emerging markets assets’ best days are over, Capital Economics says
While emerging markets bonds, equities and currencies have bounced back a tad from the recent selloff, their best days are now over, Capital Economics said…
Nomura: Emerging markets likely to face meltdown this year
Emerging markets may be trading in a “sweet spot” for now amid a synchronised global expansion, but there’s a “strong likelihood” the segment will see…