Emerging market debt has been the best-selling asset class with European investors this year, but flows turned negative in late September against a backdrop of a hawkish Fed and a strengthening dollar.
Iboss has added Ned Naylor-Leyland’s Old Mutual Gold and Silver Fund to both its Oeic range of risk-rated funds and portfolio management service after altering its stance on gold.
An economic downturn affecting most developed markets will occur in 2019, Aegon Asset Management has predicted.
Blackrock’s chief investment strategist Richard Turnill believes “monetary divergence” between the US and the eurozone is creating investment opportunities.
Pictet Asset Management has increased its weightings to the eurozone and Japan, while at a sector level it has raised exposure to financial and energy companies.
The Spanish stock market opened deep in the red on Tuesday morning, following a combative speech by Spain’s King Felipe in which the monarch blamed Catalan authorities squarely for the escalating political crisis that has engulfed the Mediterranean country.
A taskforce to examine how the £8trn UK asset management business can beat the Brexit blues will be set up by the Treasury, City minister Stephen Barclay has revealed.
Sell-side research is too positive, too short term and avoids controversial topics leading to a misallocation of capital, according to a survey of sell side analysts themselves.
A drive toward transparency in the platform market will narrow the gap between big retail players and the institutional market, Multrees Investor Services chief executive officer Chris Fisher predicts.
Fidelity International’s James Bateman believes oil is a better “Armageddon hedge” than gold because it is needed irrespective of market conditions whereas gold is not.
Japanese equity fund managers are backing small and mid cap companies in the tech space as well as ‘online disrupters’ ahead of the snap election to be held in October.
Active funds investing in UK equities enjoyed strong 12 months, with 80% of sterling denominated funds outperforming benchmark.
