The only asset class not offering sub-zero returns
Most asset classes will provide negative real returns from now on, but there is one exception to this rule, according to US asset manager GMO.
$1trn Norway wealth fund wants to drop oil and gas stocks
Norway’s sovereign wealth fund is proposing to dispose of all its holdings in oil and gas stocks to “make the government’s wealth less vulnerable to a permanent drop in oil and gas prices,” the fund announced in a letter to Norway’s ministry of finance.
The cash conundrum: What’s driving cash balances down?
Global fund managers were yesterday accused of flying too close to the sun when it was revealed that despite thinking equities are overvalued, risk-taking has hit an all-time high.
Why Miton’s Jane thinks it really could be different this time
This time it really could be different for markets according to Miton’s multi-asset manager David Jane, who argues investors are in for long-periods of low volatility rather than boom and bust.