Nikko Asset Management Maintains Overweight Stance on Global Equities, Expects Rise in Global Bond Yields

Nikko Asset Management Maintains Overweight Stance on Global Equities, Expects Rise in Global Bond Yields

Nikko Asset Management’s (Nikko AM) Global Investment Committee (GIC) maintains its bullish stance on global equities, particularly for the United States and the Developed Pacific ex-Japan region in its latest house view, due to increasing confidence in economic growth by consumers and corporations in much of the developed world. The GIC also maintains a moderately underweight stance on global bonds, as yields are expected to maintain a gradual rise.