The firm has ambitious plans to target on and offshore investors in China and sees the asset pool in the mainland growing signficantly, said Rene Buehlmann, head of Asia Pacific and group managing director for UBS Asset Management.
The average net expense ratios of European-domiciled funds have come down across the board since 2013, according to a study by Morningstar.
European equity funds experienced their largest ever monthly net outflows in July, beating the previous record set in January 2008.
If the lower for longer period of global growth and interest rates does come to an end, David Jane, manager of Miton’s multi-asset range, said he would have to restructure roughly half of his portfolio.
The BNP Paribas multi-asset team tactic, in the current febrile environment, is to tread carefully in its search for alpha and let the fallout from Brexit, modest global growth and doubts over monetary policy play out.
Data produced by Lloyds Bank revealed appetite for investing has rebounded strongly from its Brexit-triggered July lows, with investors warming once again toward risk assets.
In August 2015, emerging market equities were in the midst of the most serious market correction since 2008. A year on, investors are more bullish than ever about the asset class. Is this radical change of mood justified?
RIT Capital Partners has increased its allocation to absolute return and credit assets by 8% and pulled back from quoted equities and sterling to navigate choppy “uncharted waters” post-Brexit.
Growing uncertainty in developed markets and a flight to safe haven assets post-Brexit have skewed valuations, according to an increasing number of industry professionals polled by the CFA Society of the UK.
Japan reported annualised GDP growth in the period from April to June of just 0.2%, undershooting modest forecasts of 0.7%.
A perceived recovery in value stocks this year offers pause for thought in the face of the consensus cautious positioning of wealth managers
With European growth likely to remain stagnant well into 2017, Martin Currie European equity long/short portfolio manager Michael Browne said there are more opportunities to short stocks than go long in the region.
