September 26, 2021
Vietnam: A tiny country with multitude of investment opportunities
By
Kristal Advisors
August has proved to be a broadly positive month across risk assets. Developed market Equities were bid with NZ leading the way at the close to a 5% gain. In EM, the picture was less clear-cut with parts of Asia and EMEA outperforming - India gained close to 9% on the month and the likes of Brazil and South Africa were down close to 3% overall. Over on the fixed income side, US treasury yields were lower on the month with the yield curve flatter. The US 10Y yield is quite sticky around the 1.3% mark despite yields moving higher in the rest of DM. The spread in yields between the European core and periphery widened on the month before narrowing again following the dovish stance at last week's ECB meeting.
The US dollar was stronger on the month as well most of the other DM currencies trading softer. With Crude falling close to 6.5% on the month, CAD led declines here. FX volatility was mixed with risk reversals indicating an expectation for a stronger dollar going forward. The HY market continued to go from strength to strength with the Option Adjusted Spread for the HY bond index falling further below 3%. The mix of lower rates and investor demand had led to a reduction in risk premium overall as corporations look to lock in lower financing costs.
The virus situation has mostly stayed out of the news cycle as vaccine drives remain on schedule in most countries. The key issue of inequality still remains with penetration rates in lower-income countries at only a fraction of those in the richer countries. In the US and EU, they have hit the target of inoculating 70% of the adult population, and the WHO is hoping to convince them on holding off on booster shots until the rest of the world is able to hit the 10% mark. The delta variant continues to play a key role though in growth expectations and market performance in general.
To read more click here.
By
Kristal Advisors
September 15, 2021
Liked it?
Share it with your friends & colleagues!
September 26, 2021
By
Kristal Advisors
A fully digital onboarding process that can be completed within 15 minutes.
No more voluminous paperwork and queuing!
.svg)
We are licensed in Singapore, Hong Kong and India. Kristal Advisors (SG) Pte. Ltd. presently operates under the CMS license by the Monetary Authority of Singapore (MAS). Kristal Advisors (HK) Ltd is licensed and regulated by the Securities and Futures Commission (SFC) to carry out Type 4 and Type 9 regulated activities and is not involved in the discretionary management of any collective investment scheme. Kristal Advisors Private Ltd. presently operates as a Registered Investment Advisor under the jurisdiction of the Securities and Exchange Board of India (SEBI).
Read more about our privacy policy - Here
Copyright © 2023 Kristal Advisors (SG) Pte. Ltd. UEN: 201711235E
.png)
.png)
We are licensed in Singapore, Hong Kong and India. Kristal Advisors (SG) Pte. Ltd. presently operates under the CMS license by the Monetary Authority of Singapore (MAS). Kristal Advisors (HK) Ltd is licensed and regulated by the Securities and Futures Commission (SFC) to carry out Type 4 and Type 9 regulated activities and is not involved in the discretionary management of any collective investment scheme. Kristal Advisors Private Ltd. presently operates as a Registered Investment Advisor under the jurisdiction of the Securities and Exchange Board of India (SEBI).
Read more about our privacy policy - Here
Copyright © 2023 Kristal Advisors (SG) Pte. Ltd. UEN: 201711235E
WE ARE LICENSED IN SINGAPORE, HONG KONG, ABU DHABI, AND INDIA. KRISTAL ADVISORS (SG) PTE. LTD. PRESENTLY OPERATES UNDER THE CMS LICENSE BY THE MONETARY AUTHORITY OF SINGAPORE (MAS). KRISTAL ADVISORS (HK) LTD IS LICENSED AND REGULATED BY THE SECURITIES AND FUTURES COMMISSION (SFC) TO CARRY OUT TYPE 4 AND TYPE 9 REGULATED ACTIVITIES AND IS NOT INVOLVED IN THE DISCRETIONARY MANAGEMENT OF ANY COLLECTIVE INVESTMENT SCHEME. KRISTAL ADVISORS PRIVATE LTD. PRESENTLY OPERATES AS A REGISTERED INVESTMENT ADVISOR UNDER THE JURISDICTION OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (SEBI). KRISTAL.AI MIDDLE EAST LIMITED IS LICENSED AND REGULATED BY THE FINANCIAL SERVICES REGULATORY AUTHORITY (FSRA) FOR CAT 3 A LICENSE.
Read more about our privacy policy - Here
Copyright © 2023 Kristal Advisors (SG) Pte. Ltd. UEN: 201711235E
USD 10,000
Minimum investment amount
ETF
Available Investment Products
Financial guide
Use while investing on Kristal
We encourage our India investors to use a financial guide. Kristal does not charge any additional fees for investing through them.
In case you already have a guide, we will try to bring them onboard. In case not, we can recommend one of our qualified partners to advise you through the journey.
I understand the financial products and would want to proceed with investing without a financial guide
Proceed.png){kind=icon}
