What’s Hot, What’s Not – Asia & Commods Hot; India & UK Duration Not [Sector Edition]

What’s Hot

• Japan tops the table as the Topix hits record highs drawing in foreign and domestic institutional investors.
• Real assets are back in the list as precious metals beat the story stocks this month.
• China makes the hot list, lifting Asia Pacific as a whole. Domestic institutions have started their buying but retail investors haven’t got going yet.

What’s Not

• India tops the dud list as fresh US trade friction and tariffs hurt Indian equity performance over the month.
• Two UK Gilt sectors make the list as confidence dwindles and long dated yields moved higher over August. 30-year yields are at the highest level since 1998.
• Local smaller companies struggled with UK smallers and EU smallers lagging US peers in the hot list.

What’s Hot

What’s Not