Multi-asset funds lost money for the second consecutive month in February, for the first time since March 2009. Funds that invest mainly in bonds have been bleeding most of late, while medium-risk funds actually saw net inflows.
Russia is going through a period of structural change, providing opportunities for investors in non-energy related sectors. However, some of these opportunities seem so obvious they are chased by everyone.
Global asset managers have favoured European equities over their UK counterparts since autumn 2014, according to Expert Investor fund manager sentiment data. The advent of the Brexit referendum only seems to widen the gap.
European investors did themselves a disservice in February. They sold out of pretty much all asset classes when markets hit (in some cases) multi-year lows before recovering their losses in the past couple of weeks. The outflows mainly hit active funds, as ETFs saw modest net inflows.
In part two of a video interview, Jaap Bouma tells which long/short managers he has added to his portfolios recently. He also reveals why liquidity is all-important to him.
In this video interview, Jaap Bouma of Dutch wealth manager Optimix explains why he has finally decided to replace part of his fixed income portfolio with liquid alternatives. But he also admits he is ready to ditch this allocation again.
Ken Nicholson, head of European equities at Mirabaud Asset Management, recalls how he was approached by Mirabaud last year to set up a European small cap equity fund whilst snorkelling off the Australian coast. In this interview, he explains why he eventually joined Mirabaud, and how he is preparing to escape the closing jaws of…
Flexible bond funds were many an investor’s favourite answer to the challenging yield environment. By being able to switch between different bond categories, a fund manager would be better equipped to hunt for the scarce yield available, was the idea. But it has lost its shine, and investors have started to abandon unconstrained bond funds.
Gold has had a good start to 2016 but three months of positive fund returns and an upwardly mobile price are not enough to badge it as a safe haven.
More assets will be invested in alternative investment funds than in fixed income globally by year-end if the current fund flows trend persists. Net flows into alternative funds saw double-digit growth for the second year in a row, according to a Morningstar report.
In part two of this video interview, Michalis Fessas, head of fund selection of Eurobank in Greece, sheds his light on the question what money market investors should be doing to preserve their capital.
While the Greek economy contracted massively in 2015, the foreign fund market in the country tripled in size. In this interview, Eurobank’s head of fund selection Michalis Fessas, explains why this happened and discusses its implications for investors.
