director head: The story is extremely strong in China and it makes it super investable, said Gill, according to Global Times China. China's economic stabilization should drive increased investment there as the country is expected to contribute 33 percent of global economic growth in 2019, and the Chinese bond market is on the verge of becoming the world's second largest one, according to Suni Harford, head of investment with UBS Asset Management. China's regulatory interference in the last 12 months is really going to catalyze the move to create it into a consumer economy, which is actually happening, said Barry Gill, managing director and head of active equities with UBS Asset Management in a recent media roundtable meeting. Active management of investment could fetch double digit yearly returns in some cases from Chinese capital market in the last decade while passive management of investment in Chinese benchmarks could offer about 4 percent of annual return, according to Gill. If they can make structural investments in the safety net on the health care level, education level, tax code and all of these things, it will drive a completely new engine of growth for China, said Gill. Gill added that China still has a huge amount of tools at its disposal to maintain economic growth for some expanded period of time.
(news.financializer.com). As
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