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.
ANNOUNCEMENT: Expert Investor is now PA Europe. Read more.
Traditional long-only multi-asset funds provide little diversification in a client’s portfolio, according to wealth managers.
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?
In this video interview, Assenagon’s Thomas Romig explains how he has been adding many different flavours to his multi-asset funds over the years.
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?
There is a shift under way from traditional benchmark tracking to absolute return investing. As investment habits change, Generali’s Andrea Favaloro says fund houses and intermediaries must respond with non-traditional solutions.
Italy is the country of pizza, pasta, and…. absolute return. Nowhere else in Europe, investors crave absolute return products as much as in Italy.
Multi-strategy absolute return funds have been a blockbuster seller with investors for the past few years. But these funds have so far not done what they promise. With one exception.
Spanish fund buyers embarked on an unprecedented multi-asset fund buying in 2014 and 2015. This year, however, multi-asset funds have seen net outflows as local investors de-risk again.
There are now for the first time more multi-asset funds than bond funds for sale in Europe, according to statistics released by Lipper.
The three largest multi-strategy funds for sale in Europe have fared better than most other absolute return funds since the UK’s shock vote to leave the EU. However, the Standard Life GARS fund continues to underperform its peers on a longer-term basis.
Rating firm Fundhouse has voiced concerns about the lack of diversified sources of return within SLI’s GARS fund.