Zhang Rui bond market volatility will provide cost-effective asset allocation investment opportuniti-kd.wuhan.net.cn

Zhang Rui: bond market volatility will provide cost-effective asset allocation investment opportunities We want you! The first 2016 China Potter Rockefeller award officially started! Funds, insurance, brokerage and other financial institutions, information management capabilities which is better? Please click [vote], select the strongest institutions in your heart! Xingquan panwenz fund manager Zhang Rui: the bond market volatility will provide cost-effective investment opportunities in asset allocation of reporter Ma Xinting after last year’s bond bull market, the bond market has a certain fluctuation, the market adjustment fears rise again. In this regard, Xingquan panwenz increased profits bond fund manager Zhang Rui said that in the background of the continuing shortage of assets, short-term policies will bring some pressure on the bond market correction, but still hold the optimistic attitude of long-term bond market. October 26th media reports said the central bank’s macro Prudential assessment will be in the three quarter of this year will be off balance sheet financing into the broad credit index estimates, and predict the introduction of new regulations will have a greater impact on the bond market. Affected by this news, the bond market volatility. 27, there is news that, at present only to collect relevant data, simulation test, the people’s Bank will be based on the simulation calculation, further research will be formally incorporated into the generalized sheet financing business model and credit time specific programs, to guide banks to strengthen risk management of off balance sheet business. In this regard, Zhang Rui believes that this policy is mainly to short-term market expectations of management, by the early allocation of capital demand, the bond yield curve abnormal flattening, capital market trading volume re amplification, and the current bond yields adjustment mainly reflects the deleveraging effect correction of the yield curve and to a certain extent. The medium term, strengthen the supervision of off balance sheet financing has negative effect, but this effect appears relatively long time span. For the first, the only measure is not thoroughly implemented; second, MPA from the angle of assessing short-term, affected mainly agricultural firms and small city firms, large firms and stock line financial growth this year has been a natural slowdown, directly affected by the surface is not large. Therefore, the follow-up of the relevant policies need to continue to focus on clarity. "From the recent policy actions to see the central bank pay more attention to risk prevention, open market gradually shortened long lock at the same time, liquidity tightening, rising short end funds rate also lead to market volatility" Zhang Rui said, "but the proper tightening of the long term help to avoid systemic risk." Zhang Rui said, because before Xingquan panwenz fund investment strategy has gradually reduced leverage and duration, so the market risk is relatively strong defensive adjustment. The fund holds more credit debt and cash assets, short duration high rating. Zhang Rui also said that in the long run, the debt cycle needs a low interest rate environment and relatively loose monetary environment will continue, the volatility of the bond market will provide some opportunities for the allocation of cost-effective assets. Enter the Sina financial stocks] discussion相关的主题文章: