What do fund selectors look for in multi-asset funds?
Traditional long-only multi-asset funds provide little diversification in a client’s portfolio, according to wealth managers.
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Traditional long-only multi-asset funds provide little diversification in a client’s portfolio, according to wealth managers.
Only being a specialist in one specific area will give absolute return fund managers the edge to extract alpha, believes Lucas Strojny, head of fund selection at Advenis Investment Managers in Paris. And there is one such specialised fund the Frenchman particularly likes.
Multi-asset funds have been a long-standing investor favourite. But why do Europe’s fund buyers actually resort to these one-stop shop products?
Institutional investors are changing their attitudes to managing risk in their portfolios, according to a survey from Natixis Global Asset Management. Risk budgeting has become commonplace, and allocations to alternatives and smart beta are being beefed up.
Demand for hedge funds is said to be in decline with investors because of their high fees, opaque nature and poor recent performance. But figures released by the European Fund & Asset Management Association (Efama) suggest that’s not the case in Europe.
Standard Life Investments (SLI) reported strong outflows from its GARS fund, the largest actively managed fund Ucits fund, on Friday. While the fund has failed to generate returns in recent years, some funds that have done even worse continue to generate big inflows, however.
Big infrastructure spending announcements aren’t necessarily on the radar of infra fund managers, said Warryn Robertson, portfolio manager of the Lazard Global Listed Infrastructure Fund.
Expert Investor has analysed which asset classes were most in demand with European investors in 2016. Many of your peers have been hesitant to make strong asset allocation decisions, but those calls that were made mostly proved right.
Absolute return fund flows hit their lowest level in more than two years in November. Do the fading inflows suggest investors are losing patience with an asset class that is failing to deliver on its promises?
In this video interview, Wilhelm Zehender, a fund analyst at VP Fund solutions in Liechtenstein, explains why he has started investing in alternative Ucits funds alongside his traditional hedge fund portfolio. He also reflects on the returns he has made on his investments…
In part two of this interview, Wilhelm Zehender lines out how much of his client’s portfolios are invested in absolute return funds, and how he keeps hunting for new strategies as more and more hedge fund managers set up funds in Ucits format.
Many investors invest in absolute return funds to reduce correlations with equity and bond markets. In this video interview, Frank Reisbol, managing director of Banque Carnegie Luxembourg, argues these investors are fooling themselves.