繁體 简体 Close

Weekly Investment Commentary Video

Outlook Of Developed Market Equities
26-2-2016
Video Duration: 04:38
Language: English

Bill Maldonado, Global Chief Investment Officer, Equities, HSBC Global Asset Management, shares with us his outlook for developed markets and elaborates on potential investment risks and returns in 2016.

Key Highlights
  • We may be entering into a bear market in the short-term. However we are more optimistic in the medium to long term. Given the economic fundamentals, we expect the global economy to grow more in 2016 than it did in 2015
  • In developed markets, we think Europe would have a better chance of outperforming, when compared to the US
  • Looking at the relative valuations of different asset classes and the tradeoff between potential perspective returns on a long term basis and the volatility of those asset classes, we think developed markets has fair value and do not expect a lot of downside risks, however volatility remains low and returns look modest
  • We believe the policymakers in China will continue to stimulate the economy both fiscally and with monetary tools, and it’s worth to closely monitor the situation as it could be one of the big risks to the global markets

Speaker Biography

Bill Maldonado
Global Chief Investment Officer, Equities
HSBC Global Asset Management

Bill Maldonado is HSBC Global Asset Management's CIO for Equities globally and the CIO for Asia-Pacific. Based in Hong Kong, Dr. Maldonado oversees the investment strategies in the region. He has worked in the asset management industry since joining HSBC in 1993 as a European derivative-based portfolio manager. Dr. Maldonado holds a D. Phil in Laser Physics from Oxford University and an MBA from the Cranfield School of Management.

28-1-2016

2016 Global Fixed Income Markets Outlook
(English)

29-12-2015

China Equitues Outlook 2016
(Putonghua)

18-12-2015

Global Equities Outlook 2016
(English)

Risk Disclosure / Disclaimers

  • This video is not intended to provide investment advice and does not constitute a solicitation for the making of any deposit or investment product.
  • The Hongkong and Shanghai Banking Corporation Limited ( the "Bank") neither endorses nor is responsible for the accuracy or reliability of, and under no circumstances will the Bank be liable for any loss or damage caused by reliance on, any opinion, advice or statement made in this video.
  • The opinions expressed are those of the featured speakers, and except where a speaker is specifically identified as a representative of the Bank, do not represent the Bank's views. The opinions are subject to change without notice and should not be construed as a recommendation of any individual holdings or market sectors.
  • Investment involves risk, value of investment may move up or down, and may become valueless. The opinions expressed above may vary due to market factors and conditions without further notice. Past performance figures shown are not indicative of future performance. The information contained in this video has not been reviewed in the light of your personal financial circumstances. Reliance upon the information is at your sole discretion. You should carefully consider whether any investment products are appropriate in view of your investment experience, objectives, financial resources and relevant circumstances. The relevant product offering documents should be read for further details.
  • The investment decision is yours but you should not invest in any products unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation, investment experience and investment objectives.
  • This video has not been reviewed by the Securities and Futures Commission of Hong Kong or any regulatory authority in Hong Kong.