Institutional investors in Germany forego return opportunities because of their short-termist attitudes to investing. That’s the conclusion of an analysis by Union Investment of €22bn worth of investment mandates. The analysis also found that the risk appetite of these (mainly German) investors has grown considerably since 2002.
German gatekeepers concentrate on performance rather than the investment philosophy of a fund to determine whether it is eligible for their white list, according to research by investment consultancy NMG.
We found fund buyers in Munich in an extremely buoyant mood at Expert Investor Germany last week. They expect markets to continue their upward trend for the rest of the year and firmly brush aside any worries about a new market correction.
See below for a slideshow of photos from Expert Investor Germany, held in Munich on 22 October 2015.
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.
Philipp Dirkx, portfolio manager at the private banking unit of BHF BANK, talks to Expert Investor Europe about his attitude to multi-asset investing, a true hit with investors in Germany, and reveals which ingredients make the ideal multi-asset portfolio to him.
Investors in Germany continue to increase their investments in multi-asset funds. According to the branch organisation for the German fund industry BVI, net inflows into multi-asset funds more than doubled in the first half of this year to a record €23.8bn. Total assets invested in mixed funds have now surpassed those in bond funds for…
The ECB has been buying €60bn in government bonds for more than five months now. Since the QE programme was announced in January until our most recent poll in June, European fund selectors have consistently been expecting equity markets to benefit most from it going forward. Support for the programme has also been all but…
Investors in Germany are aware of an inconvenient truth: to have a reasonable chance to achieve their return targets, they need to take more risk.
European equities are the most popular asset class with German fund selectors, just like in most of the rest of Europe. A clear majority plan to increase allocation over the next 12 months, as they feel the continent’s equity markets will be the main beneficiary of the ECB’s newly launched QE programme.
Investor confidence in Europe has made a sharp fall in October, according to data released by State Street Global Exchange.
Socially responsible investing (SRI) has gained most foothold in France and The Netherlands, as differences across Europe remain enormous.
