Nick Train downplays bond proxies as rate hikes loom
Nick Train says it is wrong to categorise his funds as bond proxies even as he defends the outlook for the interest-rate sensitive type of equities.
PA Analysis
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Reforms add shine to Indian equities
Government policies have boosted the appeal of Indian equities and the country’s interdependence from global trade risks makes it an attractive long-term bet, according to Blackrock.
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Ticking time bomb for advisers outsourcing investment
Markets are creating a ticking time bomb for advisers outsourcing investment business to discretionary investment managers under the agent as client model with a downturn likely to highlight shortcomings that have previously been ignored.
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What Facebook’s privacy blunder means for tech
Earlier this week, the US Federal Trade Commission began investigating Facebook over privacy concerns around data used to influence the US election. Shares in the social media giant began to slide quickly after, but could this be a blow for all tech stocks?
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Surging green bond market suffers diversification problem
A letter from Insight Investment calling for greater green bond issuance from banks highlights the lack of depth in the green bond space, despite the market growing significantly over the last year and the first green bond funds reaching their three-year track record.
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A busy week for central banks
A big week for macroeconomic announcements has already seen a drop in UK inflation and ongoing Brexit transition talks, while a monetary policy decision from central banks both sides of the Atlantic is coming on Wednesday and Thursday, but what does it mean for markets?
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Where next for bond flows?
Skittish investment in high yield and robust demand for emerging market debt led the action by European bond funds over the last year, but will this trend continue?
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JPMAM variable fee leaves room for further economies of scale
JP Morgan Asset Management’s decision to pass on some economies of scale through its operating expense fee is being welcomed as a step in the right direction, but asset managers should be re-examining their annual management charge in order to truly provide value for investors.
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Are regional emerging market funds making a comeback?
Emerging market equities is one of the few asset classes where investors are still seeing value, but as the asset class makes a comeback investors have different takes on whether to allocate to regional funds or leave geographical allocation to portfolio managers.
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Are Reits trading at discount a value trap?
Wealth managers have moved into the real estate investment trust space as valuations have been depressed amid the uncertainty over Brexit, but is looking at discounts the best way to assess buying opportunities or could investors fall into a value trap?
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What do IPOs mean for the future of platforms?
Platforms’ business models are an important consideration under financial adviser due diligence so what do a recent spate of IPOs and planned listings from Transact, AJ Bell and Nucleus mean for the nascent market?
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Woodford trades hint at a liquidity problem
With Neil Woodford’s equity income fund continuing to shrink amid hits to his holdings, investors and analysts are again questioning whether unquoted investments in an open-ended fund are a square-peg round-hole situation.
