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全球资管巨头释放重要信号!20万亿美元资金正押注哪里?花旗给出答案

FX1682026年2月26日 05:04
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FX168财经报社(亚太)讯 美国彭博社周四(2月26日)最新报道称,新兴市场正酝酿成为今年最突出的交易之一。

花旗集团(Citigroup Inc.)分析师在审阅这些基金公开发布的展望后表示,全球最大的资产管理机构——管理资产规模超过20万亿美元——正在买入新兴市场股票、本币债券和信贷资产,押注强劲的全球经济增长以及走软的美元将利好这些市场。

这一转向也反映出发达市场的背景愈发不明朗:政策不确定性与财政担忧拖累了市场情绪,美国、日本和德国的债券收益率大幅上升。

MSCI新兴市场股票指数已升至历史新高,而相关交易所交易基金(ETF)的成交量也同步激增。

(截图来源:彭博社)

花旗表示,基金经理已增持亚洲、拉丁美洲以及欧洲、中东和非洲地区股票的多头头寸。新兴市场债券是他们最看好的久期配置,相比之下,他们对美国国债和欧洲核心主权债持有空头头寸。

花旗称,在信贷方面,新兴市场债务获得最大幅度的超配,而美国投资级公司债仍是普遍的低配对象。

尽管本周全球市场因担忧人工智能可能扰乱经济的多个领域而出现波动,新兴市场资产仍持续表现良好。

受亚洲科技股大涨以及美元走软提振,MSCI新兴市场指数周四一度上涨0.7%,再创历史新高。

彭博衡量新兴市场本币主权债的指标今年迄今回报率为2.2%。该指标去年全年回报率达8.5%,为2017年以来最佳表现。

追踪新兴市场主权美元债的类似指数在2026年迄今攀升1.7%,此前该指数去年已上涨13%。

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