Investors are facing key macro, market, and policy pivots that will shape investment decisions in 2023. Inflation remains top of mind as investors await a dovish turn from the Federal Reserve and other central banks, and a strong US dollar is creating pain across much of the globe. Yet even as recession fears loom, we see select alpha opportunities across asset classes heading into 2023.
Uniquely to Asia, Covid-19 remains a major market factor even as its influence on investments has shifted to the sidelines in other regions. This also partly explains the divergence in performance across the region. In a slowing global economy with many moving pieces to contend with, the question on Asia equity investors’ minds is how and where to find diversification and long-term growth in an environment of instability and inflation. PineBridge’s Asia equity investment leaders share insights on where they are seeing opportunities in the year ahead.
Read More
While we expect the macroeconomic environment to be more challenging in 2023, Asia looks relatively well-positioned in a global context. Subdued and largely manageable inflationary trends within many local economies will likely create a backdrop for monetary policy to move closer to neutral without being overly restrictive, with a few exceptions. Omar Slim, Portfolio Manager, Fixed Income, and Andy Suen, Portfolio Manager and Head of Asia ex-Japan Credit Research, Fixed Income, share their calibrations across Asia fixed income amidst expectations of continued return dispersion in 2023.
Read More
Investing involves risk, including possible loss of principal. The information presented herein is for illustrative purposes only and should not be considered reflective of any particular security, strategy, or investment product. It represents a general assessment of the markets at a specific time and is not a guarantee of future performance results or market movement. This material does not constitute investment, financial, legal, tax, or other advice; investment research or a product of any research department; an offer to sell, or the solicitation of an offer to purchase any security or interest in a fund; or a recommendation for any investment product or strategy. PineBridge Investments is not soliciting or recommending any action based on information in this document. Any opinions, projections, or forward-looking statements expressed herein are solely those of the author, may differ from the views or opinions expressed by other areas of PineBridge Investments, and are only for general informational purposes as of the date indicated. Views may be based on third-party data that has not been independently verified. PineBridge Investments does not approve of or endorse any republication of this material. You are solely responsible for deciding whether any investment product or strategy is appropriate for you based upon your investment goals, financial situation and tolerance for risk.