Subscribers

Investment firms say yields are in Asia and EM economies

With Europe still mired in uncertainty, firms such as Allianz are banking on a Look East stance

Frankfurt

IN THE past half-year, fund manager Allianz Global Investors has become more positive on Asia and emerging markets.

The shift comes in the face of the continued low yield environment and political uncertainty in Europe.

"Our strongest investment conclusion is a lot of parts of the world offer income ... pools with real interesting yields are not in Europe and the US but are now in Asia and emerging markets. You have to be prepared to take risk to look," said Allianz global strategist Neil Dwane.

...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes