Which criteria do fund analysts value most when they conduct an investment fund screening process? Research firm Cerulli asked the question to a sample of fund analysts based in the United States. The answer? They care most about the costs, and much less about track record.
International asset management companies are more bearish than ever about emerging market equities, amid worries about the effects of a Fed rate hike on the asset class and a renewed slump in commodity prices. Sentiment has dropped into negative territory, and return expectations for the asset class are now even more depressed than those for…
Over the past two years, fund selectors have grown ever more pessimistic about US equity return prospects. Asset management companies have been a bit more radical in changing their expectations.
After years of disappointing performance and lacklustre investor appetite, property funds now again have great return prospects, asset managers believe
Belgian fund selectors have become more cautious in their outlook for most asset classes. Macroeconomic optimism is also clearly on the wane.
According to the latest data gathered by EIE, Pan-European net sentiment (buyers minus sellers) is converging in the direction of zero for all bonds.
Fund buyers across Europe have become less convinced about their macroeconomic outlook, according to EIE’s freshest data.
For European fund buyers, it’s either European or emerging market equities, never both. Equity market returns only partially explain the phenomenon.
The final equity category we discuss in our series is European equities. The asset class has shown strong performance, but volatility has increased sharply in recent months.
For the third episode of our series, we will take a look at fund manager predictions for equities from a country whose central bank has committed itself in writing to ‘inflating asset prices’.
In the previous edition of this series we discussed the accuracy of fund manager predictions for US stock market returns. Today were having a look at emerging market equities.
The S&P 500 had a great year, returning more than 15% during each month of the year on annual basis. But did asset management companies foresee this?
