Loomis Bond Veteran Cuts Bets on Emerging Asian Currencies

The video discusses the current market volatility influenced by Turkey and the ongoing trade war between the US and China. It highlights how major fund managers, like Lubi Sales and Oppenheimer Funds, are reacting by reducing exposure to Asian currencies. Despite a bearish outlook on emerging markets, there are pockets of optimism, particularly in Asia, where economic fundamentals remain strong. Deutsche Bank Wealth Management suggests a potential bounce back in the region.

What was the primary reason for Lubi Sales to cut its exposure to Asian currencies?

• High inflation rates in Asia

• Increased volatility in Turkey

• Uncertainties of the trade war

• Positive outlook on Asian assets

What potential development between Beijing and Washington was mentioned as a point of interest for investors?

• High-level trade agreements

• Low-level talks resuming

• Complete trade war resolution

• New tariffs being imposed

Which fund manager expressed a bearish outlook on emerging markets due to US-China tensions?

• Linda Schweitzer's Funds

• Deutsche Bank Wealth Management

• Oppenheimer Funds

• Lubi Sales

What did Bob Bauer from Principal Global Investors predict about emerging markets?

• A strong recovery in the near future

• Increased investment in Asian currencies

• Continued underperformance of bond and equity markets

• Stability due to strong economic fundamentals

Which organization provided a more optimistic view on Asia's economic fundamentals?

• Lubi Sales

• Principal Global Investors

• Oppenheimer Funds

• Deutsche Bank Wealth Management