In the old Road Runner cartoons, Wile E. Coyote spent a lot of time running on air. Having run off a bridge or a cliff, he would remain remarkably buoyant for a while. Then he would look down and, of course, plummet to the floor.
In part two of this interview, Jean-Charles de le Court evaluates the rise of alternative Ucits funds, and explains why they have become more attractive for him to invest in. He also clarifies why he tends to prefer a small funds with little assets under management over their established peers.
Markets around the world have once again been spooked by Greece as the European Central Bank limited funding over the weekend and capital controls were imposed.
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.
