European pension funds have increased their allocation to mutual funds from 19% in 2008 to 31% in 2014, according to a research report by PwC which was commissioned by the Association of the Luxembourg Fund Industry (Alfi).
In holding interest rates at rock bottom this week, the Federal Reserve has set a dangerous precedent which may come back to haunt it, and the global economy.
The US Federal Reserve’s decision to hold interest rates in the 0-0.25% target range was met with muted response by investors, not surprised by the dovish tone.
Over the past two decades or so, Ucits has become the default fund format for cross-border funds. Since the UCITS IV directive opened up the alternative space for Ucits funds in 2009, the format has become even more ubiquitous. Its dominance has even gone as far that many fund selectors have narrowed down their selection…
With the most anticipated interest rate decision of recent times imminent, it seems the Federal Reserve is firmly stuck between a rock and a hard place.
Both fund selectors and fund managers have been bearish about US equities for quite a while, against a backdrop of the Fed planning to raise rates, possibly as early as this week. Now, Joachim Klement, chief investment officer of the Swiss fund consultancy Wellershoff & Partners, has provided a statistical back-up for their pessimism.
Asian investors have discovered multi-asset funds, following in the footsteps of their European peers. In the first half of the year, $192bn flowed into mixed asset funds according to figures from Strategic Insight.
High yield bonds still have few rivals in Finland. Upon our researcher’s last visit, about six in ten fund selectors told her they planned to increase their exposure to the asset class.
For the second edition of our new series ‘Fund Favourites‘, Philipp Dirkx, portfolio manager at Frankfurt-based BHF-BANK, reveals why he invests in the Jupiter Dynamic Bond Fund, even though he generally prefers to take charge of asset allocation himself.
In these times of great macroeconomic uncertainty, Munich’s fund selectors are looking for a hiding place in Europe, a more popular investment destination than ever before.
Are the Finns all going contrarian? It looks like it, as a record 58% of fund buyers from the Nordic country will be increasing their exposure to emerging market equities in the next 12 months.
Return expectations from US equities among asset management companies are at a post-financial crisis low. EM equities may look cheap after last week’s correction, but asset managers have their reasons to stay sceptical.
