An interesting paradox is becoming visible in Expert Investor’s investment sentiment data: while fund buyers’ appetite for risky assets is on the up, their macroeconomic outlook is going the other way.
Goldman Sachs Asset Management is targeting Italy as its biggest growth opportunity for its Luxembourg SICAV, five years after kick-starting a strategy to work with the mutual fund distributors at a local level.
EIE’s editor Dylan Emery invited four of the most senior fund distributors in Europe to discuss industry trends. The conversation revealed that absolute return does not only top fund selectors’ buy lists. It also dominates the agenda of asset management companies.
Commodities have had a tough time in the past two years. However, in tandem with a recovery in other global markets, natural resources funds could be due a revival. By Esther Armstrong
