Fund selectors in Barcelona, who again turned up in large numbers at the semi-annual Expert Investor Barcelona event last week, are yearning for another round of quantitative easing. They expect QE 2 will mainly benefit the equity markets, and they are selling off their bond holdings in unprecedented amounts.
About $105bn flowed out of Asia-domiciled mixed asset products in Q3, and total net flows from retail investors were down by more than half, according to data from Strategic Insight.
Unconstrained bond funds are another way to navigate stressed bond markets. In part two of a video interview, he explains why he is investing in this sort of funds, at least for now…
In a video interview with EIE’s Tjibbe Hoekstra, Michael Ausfelder of wealth and asset manager Vermögenszentrum explains why he believes alternative Ucits funds are indispensable for modern-day portfolios.
Asia-based fund selectors overwhelmingly hold a strong preference for European equities, according to a survey at FSA’s investment forums in Hong Kong and Singapore.
Outflows from emerging market equity funds slowed down considerably in September, according to Morningstar fund flows data. Moreover, the International Institute of Finance (IIF) estimates net flows will be positive in October. These would be the first net inflows into emerging markets since November last year.
For the first time in two years, European equities again are the most popular asset class with European investors. They took over the number one spot on the inflows list from multi-asset funds in September.
Investors are split virtually down the middle as to whether fixed income markets will improve or deteriorate over the next three to five years, a survey has found.
The Argonaut Absolute Return Fund, a long/short European equity strategy, is Eddy Vanwittembergh’s favourite fund. He maintains the fund as his largest position in the fund-of-funds he runs at the Belgian wealth management company Merit Capital.
Aberdeen Asset Management has firmly denied rumours it is looking for a sale.
A poll at Expert Investor Europe’s Alternative Ucits Congress in Versailles earlier this month showed that little over half of delegates negotiate the fees they pay for their alternative investment funds. Dan Kemp of Morningstar finds this figure ‘surprisingly low’, and suggests that fund selectors should attach more importance to costs.
Tero Jaakkola, a fund consultant based in Helsinki, tells EIE’s Tjibbe Hoekstra why he advises his clients to invest up to 40% of their portfolios in market-neutral equity funds.
