On Investors’ Minds - APAC Edition

Explore the 2026 Long-Term Capital Market Assumptions, highlighting key themes like economic nationalism, fiscal activism, and the impact of technology. Discover how U.S. corporate strength drives equity returns despite valuation challenges, while international markets benefit from a weaker dollar. Learn how rising fixed income yields enhance returns and the necessity of diversifying with alternatives for better risk management. Insights on productivity growth and the role of AI in boosting private assets make this discussion essential for savvy investors.

Pulkit Sharma, Head of Alternatives Investment Strategy at J.P. Morgan Asset Management, dives into the evolving world of alternative investments. He defines multi-alternatives and discusses the critical components for successful investment portfolios. Pulkit emphasizes a data-driven approach over 'fingerpainting' to enhance alpha sources like asset allocation and manager selection. He also outlines a six-step framework for building resilient portfolios while sharing insights on current trends in infrastructure and real estate, asserting the importance of strategic allocations.

The latest discussion covers the Fed's recent 25 basis point rate cut and its implications for the U.S. economy. Insights reveal a cautious Fed amid inflation risks and mixed economic signals. They explore potential future cuts and the influence of the government shutdown on decisions. The panel highlights global equity opportunities, the benefits of a diversified portfolio, and strategies for navigating fixed income and credit markets. Overall, they provide a comprehensive view of market dynamics and recommendations for resilient investing.

In this 118th episode of the On Investors' Minds - APAC Edition podcast, Tai Hui recaps the recently wrapped up 4th Plenum of the Chinese Communist Party, where the focus was in setting the 15th Five-Year Plan (FYP) for the period covering 2026-2030.  What are the top priorities set forth by the Chinese government?  How can investors best position their portfolios to complement China's top priorities?  What are the potential risks that need to be kept on focus?  Listen now to Tai to get up to date and find out what this all means for investors. The J.P. Morgan Guide to the Markets illustrates a comprehensive array of market and economic histories, trends and statistics through clear charts and graphs. Download the 4th quarter 2025 Guide to the Markets - Asia from the J.P. Morgan website (https://am.jpmorgan.com/en/asset-management/institutional/insights/market-insights/guide-to-the-markets/?utm_campaign=-en--podcastEP118). For 10 years, the Market Insights program has been on the ground across the Asia Pacific region engaging with clients, and providing guidance on the complex global markets. Listen now and don't forget to subscribe to stay updated on future episodes of On Investors' Minds - APAC Edition. For more analysis on the financial markets, visit the J.P. Morgan Asset Management website at https://am.jpmorgan.com.

Stephanie Aliaga, a Global Market Strategist at J.P. Morgan, dives into the complex world of AI investments and their implications. She discusses whether the current circular investments among AI developers, hyperscalers, and chipmakers signal a bubble reminiscent of the dot-com era. Stephanie highlights the critical demand for compute power and contrasts today's funding landscape with that of the past. Expect insights on how AI generates real revenue and crucial lessons for investors navigating this evolving tech landscape.

In this 116th episode of the On Investors' Minds - APAC Edition podcast, Tai Hui recaps the recent strong performance of gold, up over 50% in 2025 alone, and what role it can serve within an investor's portfolio.  How has lower interest rates globally impacted the attractiveness of gold as an investment?  How have central bank actions impacted gold prices?  What's the outlook for gold when compared to equities or fixed income?  Listen now to Tai to get up to date and find out what this all means for investors. The J.P. Morgan Guide to the Markets illustrates a comprehensive array of market and economic histories, trends and statistics through clear charts and graphs. Download the 4th quarter 2025 Guide to the Markets - Asia from the J.P. Morgan website (https://am.jpmorgan.com/en/asset-management/institutional/insights/market-insights/guide-to-the-markets/?utm_campaign=-en--podcastEP116).   For 10 years, the Market Insights program has been on the ground across the Asia Pacific region engaging with clients, and providing guidance on the complex global markets. Listen now and don't forget to subscribe to stay updated on future episodes of On Investors' Minds - APAC Edition. For more analysis on the financial markets, visit the J.P. Morgan Asset Management website at https://am.jpmorgan.com.

In this 115th episode of the On Investors' Minds - APAC Edition podcast, we share this special video replay of Tai Hui and Kerry Craig being joined by Grace Teh, Global Strategic Relationships Client Advisor, summarizing the global markets going into the last quarter of 2025 using the just released Guide to the Markets - Asia for the 4th Quarter 2025.  After a strong first 9 months of 2025, what are the top questions from investors heading into 2026?  How impactful will the current U.S. government shutdown be on both the U.S. economy and overall financial markets?  What is the outlook for China's economy and could there be any upcoming government stimulus to help improve business profitability?  Listen or watch now to Grace, Kerry, and Tai summarize all the latest market developments using the Guide to the Markets - Asia and find out what this all means for investors. The J.P. Morgan Guide to the Markets illustrates a comprehensive array of market and economic histories, trends and statistics through clear charts and graphs. Download the 4th quarter 2025 Guide to the Markets - Asia from the J.P. Morgan website (https://am.jpmorgan.com/en/asset-management/institutional/insights/market-insights/guide-to-the-markets/?utm_campaign=-en--podcastEP115) For 10 years, the Market Insights program has been on the ground across the Asia Pacific region engaging with clients, and providing guidance on the complex global markets. Listen now and don't forget to subscribe to stay updated on future episodes of On Investors' Minds - APAC Edition. For more analysis on the financial markets, visit the J.P. Morgan Asset Management website at https://am.jpmorgan.com.

Mark Davids, Senior Portfolio Manager at J.P. Morgan Asset Management, shares insights on the remarkable performance of Asian markets in 2025. He discusses how the weakening U.S. dollar benefits Asian economies by enhancing monetary policy flexibility. Davids highlights strong export growth driven by AI despite currency translation risks. He explains the factors behind China's market recovery and explores stock selection as key to navigating opportunities across the region, with notable mention of AI investments and Korea's promising outlook.

In this 113th episode of the On Investors' Minds - APAC Edition podcast, we share this special video replay of Tai Hui summarizing the overnight U.S. Federal Reserve (Fed) decision to cut policy rate by 25bps to a range of 4%-4.25%.  How did the market react to the rate cut?  Did Fed chair Powell's press conference give any indications of further cuts through the end of the year?  What are the economic impacts of this now lower policy rate?  Listen or watch now to Tai summarize all the latest market developments using the Guide to the Markets - Asia and find out what this all means for investors. The J.P. Morgan Guide to the Markets illustrates a comprehensive array of market and economic histories, trends and statistics through clear charts and graphs. Download the 3rd quarter 2025 Guide to the Markets - Asia from the J.P. Morgan website (https://am.jpmorgan.com/en/asset-management/institutional/insights/market-insights/guide-to-the-markets/?utm_campaign=-en--podcastEP103) For 10 years, the Market Insights program has been on the ground across the Asia Pacific region engaging with clients, and providing guidance on the complex global markets. Listen now and don't forget to subscribe to stay updated on future episodes of On Investors' Minds - APAC Edition. For more analysis on the financial markets, visit the J.P. Morgan Asset Management website at https://am.jpmorgan.com.

In this 112th episode of the On Investors' Minds - APAC Edition podcast, Tai Hui is joined by Jennifer Qiu, Global Market Strategist, to take a closer look at how China's export performance continues to surprise with growth, despite increased U.S. import tariffs. What markets are Chinese exporters increasing trade with, as previous exports to U.S. continue to decline?  What are transshipments and how does it impact China export numbers?  How has Chinese equities performed so far this year given the export challenges are so well known by investors?  Listen now to Tai and Jennifer to get up to date and find out what this all means for investors. The J.P. Morgan Guide to the Markets illustrates a comprehensive array of market and economic histories, trends and statistics through clear charts and graphs. Download the 3rd quarter 2025 Guide to the Markets - Asia from the J.P. Morgan website (https://am.jpmorgan.com/en/asset-management/institutional/insights/market-insights/guide-to-the-markets/?utm_campaign=-en--podcastEP110).   For 10 years, the Market Insights program has been on the ground across the Asia Pacific region engaging with clients, and providing guidance on the complex global markets. Listen now and don't forget to subscribe to stay updated on future episodes of On Investors' Minds - APAC Edition. For more analysis on the financial markets, visit the J.P. Morgan Asset Management website at https://am.jpmorgan.com.