Emerging market funds top tech sector on Facebook scandal
Emerging market-focused funds have topped the tech sector since news of Facebook’s privacy blunder broke last month, according to FE Analytics.
PA Analysis
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Jupiter battered in downbeat industry forecasts
Jupiter Asset Management is set to see its worst quarterly flows in 19 years on fixed income outflows as analysts paint a bleak earnings picture for fund groups in 2018, despite claims the return of volatility would provide active managers a chance to shine.
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Are US treasury yields tempting enough yet?
With yields verging on 3%, investors are starting to see US government bonds attractive as a safe haven, but is that the case as volatility has crept back into markets and equities have started to sell off?
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Spectre of left looms over Latam funds
Latin America’s three largest economies face elections in 2018 with leftist candidates keeping markets on tenterhooks, but fund managers remain optimistic on the region regardless of outcomes at the ballot box.
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Time to be bullish or bearish on tech?
Technology stocks have recently come under significant pressure, dragged down by the sharp fall in Faang stocks. But is the sector in a bubble that is about to burst or just going through a healthy correction?
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Russian macro story woos investors despite sanctions sell-off
Russian markets tumbled on Monday in response to US sanctions, but investors have described the country’s macroeconomic management as “exemplary” and said the market sell-off is a buying opportunity.
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Multi-managers abandon property for absolute return
Multi-managers are shunning UK commercial property funds in favour of absolute return vehicles to avoid correlation with equities and fixed income, and improve portfolio liquidity.
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Equity volatility hits Artemis and Invesco bond funds
Sterling Strategic Bond funds with large allocations to equities have fallen from top to bottom quartile in the year to date, coinciding with volatility returning to stock markets after a buoyant 2017.
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DFMs worse than asset managers on gender pay
Women at wealth management firms are worse off than their female counterparts at fund groups when it comes to remuneration, being paid 59p for every £1 men earn on average, compared to 70p for every £1 in the asset management industry.
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Chinese bonds add diversification to global index
The inclusion of Chinese bonds in the Bloomberg Barclays Aggregate Index is an incremental step in China opening up its economy that has been welcomed by investors, but their introduction to popular emerging market indices could be more disruptive.
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Jupiter global value launch faces world biased towards growth
Jupiter’s star UK value manager Ben Whitmore has described his decision to launch a global value fund as a bold move, given the investment style’s decade-long slump. But with a renewed interest in cyclical stocks in a rising rate environment, is this move as contrarian as he makes out?
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FCA told to get a grip on preference share loophole
The Financial Conduct Authority has been urged to take a hard line on the “very obvious loophole” in the regulation of preference shares to avoid a repeat of the Aviva episode and restore market stability, says a prominent financial campaigner.
