Asia investors more worried about returns than Fed rate hike: Pimco

Singapore

PACIFIC Investment Management Co (Pimco) said investors in Asia are more concerned about the returns on their investments than the prospect of higher interest rates in the United States as global growth slows, according to its annual survey of distribution partners.

About 80 per cent of investors in the region surveyed plan to boost their investments in European and Japanese stocks, Newport Beach, California-based Pimco said in a report. About 70 per cent of the respondents are seeking to invest more money in liquid alternative investments, according to the survey.