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本本本本本本本本本本本本 全全全全全全全全 PineBridge Investments, Taiwan 22 Aug 2016 本本本本本本本本本本本本

柏瑞週報20160822

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PineBridge Investments, Taiwan22 Aug 2016

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Jackson Hole8Markit PMI7

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2

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Bloomberg2016/08/19%-

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Bloomberg2016/08/19% -

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Bloomberg 2016/08/19JPJACI% -

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Bloomberg2016/08/19%-CRB

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MOVEVIXBloomberg2016/08/19-VIX6bps1.58%0.69%VIX1.82%11.344.21%(Bloomberg2016/08/19)

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: ()EIA 2016/08()Bloomberg2016/08/19()2017201516002016/08/19406

(-)

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: ()DB2016/08/15()BofA2016/08/16CFTC201689278,61520163

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: Bloomberg2016/08/19:0.72

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2016/08/18:818518620188181928287-

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1414*FLOW FOLLOW RETURN SO RETAIL REACTED ///// not interest rate risk, flow still fly to IG1, RUSSIA 2. Q2 Profit taking

Global recovery b. low default risk c. low yield envirnoment

mutual fund ETF

2016/08/188188.060.4%11.32381820.30.6%-

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1515*FLOW FOLLOW RETURN SO RETAIL REACTED ///// not interest rate risk, flow still fly to IG1, RUSSIA 2. Q2 Profit taking

Global recovery b. low default risk c. low yield envirnoment

mutual fund ETF

PineBridge Investments IP Holding Company Limited()

10101310414410 (02)2516-7883407386128(04)2217-81688026171(A5) (07)335-5898 TR105123

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()Rule 144A

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