European investors have responded to the recent slump in European bond prices by swapping their long-only fund holdings for absolute return funds, Morningstar’s latest fund flows report reveals.
Distributors in Asia-Pacific are likely to use exchange-traded funds and other index-tracking products as core holdings when building model portfolios, according to Cerulli Associates.
High yield bonds are known for their correlation with equity markets, but it seems the asset class especially has things in common with one specific type of equities.
Jean-Charles de le Court tells EIE’s Dylan Emery how he goes about selecting managers for his ‘fund-of satellites’ strategy. He explains why he is not so much focused on volatility, but insists on managers who invest in their own funds.
Emerging market equities and factor investing are the two areas where European investors want to see more and different ETF products, according to a recent survey of 222 European investors by the EDHEC Risk Institute in France.
Emerging market debt and high yield bonds, which have had some pretty high inflow volatility recently, are now firmly back in favour with European investors. By contrast, net inflows into investment grade bonds are slowing down.
Wealth managers are significantly underestimating the propensity of ultra high net worth individuals to make use of automated advice services, the World Wealth Report 2015 shows.
China is so dominant that when A-shares are eventually included in the MSCI Emerging Markets Index, the result could be a spate of very similar passive products.
The majority of global pension funds have been increasing their equity allocation in the past six months. However, many would prefer to decrease it if they could just find yield somewhere else, because they expect a serious market correction.
Benchmark 10-year bond yields in the Eurozone have more than doubled since the end of April, when they reached an all-time low. Are we now simply witnessing a correction after markets overshot in the wake of the ECB’s bond-buying programme, or is this the beginning of a serious bond bear market as deflation worries have…
If you are running the European business of a global fund management group, historic fund flows can be a seductive but dangerous metric. In the murky, random world of investments, often the only thing you can be sure of is that markets are not going to do you the service of following familiar patterns. …
A 6.5% fall in the Shanghai stock exchange on Thursday and a 16% one-day spike in the VIX earlier on in the week are but the two most recent examples of sudden, significant market movements that have caught people off guard. Perhaps the best example, however, is the sharp compression and even sharper rise in…
