European distribution ‘fragmented’ despite Ucits
A Hong Kong asset manager says the European funds distribution market remains fragmented despite Ucits as more Asian firms seek a foothold in the region.
Fixed Income
-
-
Concerns advisers blindly buying into strategic bonds
The return of inflows into sterling strategic bond funds has raised concerns advisers are blindly allocating money into the sector without understanding it is not just a one-stop shop for outsourcing fixed income asset allocation.
-
BoE scorned for brutal corporate bonds assessment
The Bank of England has been pilloried for its brutal assessment of the sterling corporate bond market given its role in driving yields so low.
-
Invesco reaches truce on ‘unsavoury debacle’ over fees
Invesco’s bout of bad publicity as it battled the Enhanced Income investment trust board over fees in a David and Goliath battle has come to an end with an announcement it will continue to manage the trust.
-
Five emerging market views on Mexican elections
Mexico is set to lurch to the left when it goes to the polls this weekend with populist Andrés Manuel López Obrador, known by his nickname Amlo, the front runner in the presidential elections. Five managers weigh in on what Mexico’s politics mean for emerging market investors.
-
Ominous outlook for split bond and equity portfolios
A passive portfolio of 50% bonds and 50% equities faces negative annualised returns, according to a report by Pictet Asset Management.
-
Six investors on the safety status of govvies
Duration and inflation risk are raising questions about whether government bonds can continue to be viewed as safe haven assets in the current market environment.
-
Franklin Templeton expands active ETF range
Franklin Templeton is introducing two actively-managed fixed income ETFs in Europe.
-
Coco fund offers bond diversification
Contingent convertible (coco) bonds carry conversion risk but promise high yield with low volatility and diversification, according to Lloyd Harris, fixed income fund manager at Old Mutual Global Investors.
-
Neuberger EMD fund reduces currency and duration risk
The Neuberger Berman Emerging Market Debt Local Currency Fund has reduced currency and duration risk in the portfolio following underperformance against the benchmark over the last quarter.
-
Liontrust’s Husselbee: Managers must have a 10-year track record
Liontrust’s John Husselbee has resolute opinions on the art of fund management, shunning managers and active funds with a track record any shorter than 10 years.
-
Five investor takes on the US Fed dot plot
The US Federal Reserve is looking increasingly hawkish as it votes to raise rates to 1.75% to 2%, while its dot plot of Federal Open Market Committee members expectations indicates two more hikes to come in 2018.
