Debt-to-GDP ratios in emerging market countries have been rising at alarming rates this year, according to the latest data from the Institute of International Finance (IIF). China, Saudi-Arabia and Turkey have seen the most rapid debt build-up.
In this video interview, Walid Moukarzel, head of investment advisory at Banque Audi Suisse in Geneva, tells how he has been moving his conservative clients along the risk curve.
As the year draws to a close, it’s time to scrutinise the forecasting capabilities of asset managers and fund selectors. Did their favourite asset classes at the end of last year indeed deliver the best performance, or did asset allocators fail hopelessly? In the first part of a two-piece series, we look at their equity…
About the right amount of ‘dovishness’ seems to be the initial verdict from market commentators pronouncing on what had been billed as the biggest event in financial markets since the collapse of Lehman Brothers.
The plunge in oil has moved front and centre in investors’ market thinking despite the looming Fed rate decision, experts say. But not all the thinking is negative.
Around half of hedge funds intend to launch a new fund by the end of next year and most are reporting rising assets, according to industry research.
Active managers are under fire from all sides. Regulators in the Nordic countries are leading the attack on closet trackers, and cheaper ETFs are eating market share. Fund selectors are looking on this favourably, though the asset management example is not followed by the wholesale sector in every European country.
In this video interview, the lead manager of the Franklin K2 Alternative Strategies fund Brooks Ritchey talks about his favourite metric to measure fund managers by, which is Value at Risk (VaR), or rather: expected performance to VaR in a stress test scenario.
In part two of a video interview, Alexandre Garrabou von Trotha explains why he has stocked up on absolute return funds, especially for his most conservative clients.
Alexandre Garrabou von Trotha heads up the fund-of-fund business of Banc Sabadell in Barcelona. In a video interview with EIE’s Tjibbe Hoekstra, he explains how he has dealt with the huge inflows into his fund-of-funds range. He also tells about the changing risk appetite of Spanish investors.
There are two types of absolute return funds, and there are only 40 alternative Ucits funds to pass the hedge fund test. As a matter of fact, absolute return funds are far from a straightforward concept.
There appears no way back now that Janet Yellen and her Federal Reserve colleagues have all but committed to raising rates on 16 December, and a quarter point rise is largely priced into markets already.
