Investors have paused their aggressive buying of European equities. Net inflows recorded the steepest monthly drop since January 2016, falling to just €533m in August according to Morningstar data. Can the strong euro be blamed?
About 61% of all emerging market funds are holding positions in Samsung, according to an Evestment report. Any company misstep could have a widespread impact.
To the surprise of many, rating agency Standard & Poor’s (S&P) upgraded Portugal to investment-grade status on Monday. This pushed yields on the country’s government bonds down, and interest from international investors is already picking up.
Candriam has expanded its fixed income range with the launch of an absolute return defensive bond fund. The fund has a more ambitious performance target than most of its peers.
The S&P 500 just keeps setting new all-time highs. But the rally could soon reverse since it’s driven increasingly by technology stocks alone.
Net sales of equity ETFs fell dramatically in August, according to Lipper data. Net flows into eurozone equity ETFs showed the biggest drop, falling into negative territory.
Investors were bracing for the worst when the Swiss Re Cat Bond Index plummeted 15% in the wake of hurricane Irma. But the unprecedented damage caused could actually be a blessing in disguise for the asset class.
Axa Investment Managers has launched a China short duration bond fund, which aims to give investors exposure to the 56trn (€7trn)renminbi bond market.
European high yield has had a good run so far this year but can that continue as the European Central Bank turns off the quantitative easing (QE) tap?
Ten years of booming growth pushed global assets under management in high yield bond ETFs past $51bn (€42.6bn) in 2016, but are the apparent diversification benefits everything they’re cracked up to be?
Donald Trump’s administration has presented more opportunities than problems for emerging market equity managers, argues GAM’s Tim Love.
August was a hot month for momentum ETFs. Trend-following equity trackers saw record inflows of $300m (€250m) from European investors, Blackrock reports. Global equity momentum ETFs were responsible for the bulk of the inflows.
