Aberdeen dismisses sale rumours out of hand
Aberdeen Asset Management has firmly denied rumours it is looking for a sale.
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.
If investors use alternative Ucits funds, they prefer to allocate significantly. Some 42% of delegates at Expert Investor Europe’s Alternative Ucits Congress, held last week in Versailles, believe a medium-risk portfolio should contain more than 25% of alternative Ucits funds.
See below for a slideshow of photos taken at Expert Investor Europe’s Alternative Ucits Congress, held in Versailles on 15 and 16 October 2015.
Industrifinans’s Arild Orgland explains why he is a big UCITS fan and talks about how he scours the fund world for managers who think in the same way that he does.
Emerging markets remain low down on wealth managers’ list of things to buy. But, judging by the news flow this week, they are now quite as low down as they once were and, for some, they are beginning to move much higher.
In Switzerland, there are more investors planning to increase exposure to high-yield bonds than to all other fixed income categories combined.
As markets digest the news that AB InBev has agreed a deal to buy SABMiller for some £68bn, investors would be wise to consider what these kind of blockbuster deals may signify for markets.
The pace of inflows into index-trackers shows no sign of abating. With still three months to go this year, ETFs listed in Europe have already surpassed the previous inflows record set in 2014.
Marcel de Kleer of Wealth Management Partners in the Netherlands has swapped all but one of his active bond funds for passive solutions, he tells EIE’s Tjibbe Hoekstra in a video interview.
Denmark’s fund buyers expect equities to return about six times as much as bonds over the next five years. However, these clear dispersions in return expectations do not show in their buying behaviour, which has been rather erratic of late.