A growing number of asset managers are taking an increasingly sophisticated approach to China’s growing equity markets, as both onshore and offshore Chinese stocks outperform emerging markets, according to a recent report from bfinance.

Money market funds were the only type of fund to post an increase in net assets as well as inflows of cash in the first quarter of 2020, as coronavirus-related panic wiped 10.8 per cent off assets for open-ended funds worldwide, down at EUR47.1 trillion.

Equities markets are overvalued and expensive, if you ask asset managers. A survey this month of global fund managers by Bank of America Merrill Lynch showed that 78 per cent believe that stock markets are currently overvalued, which marks the highest level since the closely-watched survey began in 1998.

The ThomasLloyd SICAV – Sustainable Infrastructure Income Fund (SIIF) has listed on the Luxembourg Stock Exchange with a range of share classes approved for trading on the EU-regulated Bourse de Luxembourg (BdL) market. 

Investment managers have begun repositioning themselves for the possible return of rising inflation, as world economies respond to fiscal stimulus packages and looser monetary policy put in place by governments and central banks.

CUSIP Global Services (CGS) has reported a surge in request volume for new municipal securities identifiers, and a decline in such requests for corporate debt issuers.

Ina Invest has listed its shares on the Swiss Stock Exchange (SIX), making it the exchange’s first company listing in 2020. The opening price was CHF24.30 per share, resulting in a market capitalization of CHF215 million.

Global investor confidence was not much uplifted in May, growing only 0.3 points to a reading of 73.3, where a reading of 100 would be neutral.

The World Federation of Exchanges, an industry group for exchanges and CCPs, has drawn attention in a report to measures the industry has taken to become more resilient to cyber-attacks during the pandemic, as exchanges and CCPs across the world successfully moved to operate remotely.

Chicago-based derivatives marketplace CME Group is set to launch options on its Micro E-mini S&P 500 and Micro E-mini Nasdaq-100 futures contracts. The new options will be available for trading in the fall of 2020, pending regulatory review.