Spanish fund selectors shun bonds
Spanish investors seem to see multi-asset funds as the perfect hiding place against rising bond yields, and as a protection against equity market volatility. But are they fooling themselves?
ANNOUNCEMENT: Expert Investor is now PA Europe. Read more.
Spanish investors seem to see multi-asset funds as the perfect hiding place against rising bond yields, and as a protection against equity market volatility. But are they fooling themselves?
Some 26% of institutional investors worldwide plan to increase their hedge fund exposure in 2015 while only 16% will cut their allocation.
European investors intend to increase their allocation to alternative Ucits funds from a current 5% to 10% of their assets under management, according to research by Deutsche Bank.
The continued plummeting of the price of oil is dominating global markets as the final month of 2014 begins.
Inflows into gold exchange-traded products have hit their highest levels since February 2013, according to ETF Securities.
Hedge fund managers have difficult times behind them because of QE-distortion. And things are not looking to get better soon.
On Expert Investor Europe’s Alternative Ucits Congress in Versailles we asked some delegates whether and how they try to bring down fund fees.
Niclas Hiller, chief investment officer of Formuesforvaltning in Norway, tells EIE’s Tjibbe Hoekstra how he is preparing for a sustained period of lower returns across all asset classes.
The current cocktail of falling asset prices and increasing volatility, combined with still high valuations, seems to confuse fund selectors and managers alike.
Omar Gadsby, head of fixed income fund selection for Credit Suisse’s private banking arm, explains how he is trying to move away from fixed income benchmarks.
Fund selectors singled out two aspects of a funds past performance that attract most of their attention.
Jarl Åkerlund, head of savings products at Nordea Bank in Sweden, contemplates about how to change his asset allocation in response to the low interest rate environment.