當全球經濟領導層從西方經濟轉向增長市場(即亞洲、拉丁美洲、中東和非洲國家)時,會發生什麼事情?在我們的第一份成增長市場資產配置趨勢調查:不斷演變的宏觀市場中,我們分析這些動態市場中的退休養老基金資產配置,並解釋趨勢對資產擁有者、資產管理公司以及最終對個人投資者意味著什麼。



請考慮以下數據:



• 全球前50名機構投資者中,有25個位於成增長市場。
• 目前,全球增長的近70%來自這些 經濟體。
• 在2018年,世界人口的50%以上,即38億人,首次被視為中產階級或富人;預計到2030年,這一部分人口將增長到53億。
• 世界上54%的中產階級居住在亞洲。

 

成增長中的市場經濟體正在迅速成為全球增長的領導者。在過去15年中,它們在全球股市市值中所占的份額增加了兩倍,達到30%,而它們在全球市場債務中所占的份額增加了一倍,達到20%左右。隨著全球金融市場的大規模經濟增長,這一趨勢只會增加。

 

為了幫助投資者瞭解這些市場所管理資產的現狀,美世在成增長市場進行了首次資產配置調查。我們以公司、政府和強制性退休養老金計畫為重點,收集了拉丁美洲、非洲和亞洲管理的近5 兆美元資產的資訊;其中還包括對中東投資趨勢的評論。



主要調查結果包括:



• 對股票的投資一直在增加,犧牲了固定收入。
• 市場自由化正在使投資組合更加多樣化:外國資產正在以犧牲國內資產為代價而上升。投資組合保留了明顯的母本國偏見,儘管我們預計自由化的趨勢將繼續下去。
• 替代方案在投資者的投資組合中獲得了更大的吸引力,主要是在房地產、基礎設施和私人股本方面。

雖然主要在地方法規的推動下,廣泛的資產配置在各國之間存在著巨大的差異,但我們預計,隨著更多的國家進一步向國際投資敞開大門,這種情況將發生變化。全球各地的投資者都在做出回應。



觀察洞察這些日益重要的經濟體狀況,可以讓成增長市場內和世界各地的機構投資者和資產管理公司從中受益。下載免費報告,查看完整的調查結果,包括拉丁美洲、亞洲、中東和非洲的按區域進行的分析。

 

[1]Investment & Pensions EuropeTop 1000 Global Institutional Investors, 2016
[2]Data from the World Bank.
[3]Kharas H and Hamel K. “A Global Tipping Point: Half the World Is Now Middle Class or Wealthier,” September 27, 2018, available at https://www.brookings.edu/blog/future-development/2018/09/27/a-global-tipping-point-half-the-world-is-now-middle-class-or-wealthier/
[4]Brookings. The Unprecedented Expansion of the Middle Class: An Update, 2017.
[5]Data as of the most recent date available for each country/region; please consult the full report for details

 

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