Upcoming Rate Cuts and their Impact on Asset Prices
The US economy has experienced consistent growth over the past decade, marking the country’s longest period of continued economic expansion in history. In recent Congress testimony, the Chairman of Federal Reserve further agreed that the US economy is far from recession. However, he also noted that recent economic events across the border may negatively
The Pursuit of Attractive Yield in Contained Risk and Low Volatility
Asia has over 8 million millionaires and it’s rising trend significantly outpaces the global average. From 2011-2016, Asia’s millionaires with investible assets of between USD 1 million to USD 5 million grow by 353.7%, and close to 90% of the millionaire population. These investment savvy, risk-adverse individuals are seeking performance and stable returns
Uncertainty from Trade War Leads to Rate-cut Considerations
Following the research titled “US-China Trade War Tension Has Risen. Who will be the Winner?”, US and China, the two biggest economy continue to capture the spot light for the trade battles. We don’t think there is a winner amid of the trade war. In 2018, the International Monetary Fund (IMF) simulated the economic consequences of mounting
US-China Trade War Tension Has Risen. Who Will Be the Winner?
On May 10th, the Trump administration began to slap higher tariffs on Chinese imports worth US$200 billion from 10% to 25%, jeopardizing a trade deal currently being negotiated by the two countries. On May 13th, the US and China intensified their trade tension, as Beijing said it would increase tariffs on nearly US$60 billion worth of American goods
What Differences Will Hong Kong Virtual Banks Bring?
Hong Kong has recently granted four virtual banking licenses to Livi VB Limited, SC Digital Solutions Limited, ZhongAn Virtual Finance Limited and WeLab, a local financial technology (FinTech) startup in Hong Kong. After the granting of these four banking licenses, the number of licensed banks in Hong Kong has increased to 155.
A Patient Federal Reserve and US Consumer Credit Outlook
Following our February article “Watching Fed’s Move as US Economic Data Turns”, it is generally believed that the Fed is going to stop raising interest rates for a while, with recent developments, it is likely for the Fed to even consider a rate cut instead of further rate hike. The market suffered further turmoil at the end of March as the US yield curve inverted
How Does Fintech Offer Both Return and Liquidity?
While managing the liquidity of assets has long been the key topic in the asset management industry, how to maintain good liquidity and to provide investors with higher return has even been an arduous task which is not easy to fulfill. However, with its development of over a decade, Fintech has now opened up a simple way for
