Value investing is a key theme as developed market equities are the clear asset class of choice, with only a small number of strategic bond funds set to receive assets in 2014.
Hopefully now the Fed has announced it will begin winding back its asset purchase programme in January, QE and ‘taper talk’ will feature less heavily in the headlines and while problems remain across the board, markets need to act more sensibly and not get overexcited resulting in swing behaviour.
There is room for some fresh meat in the absolute return space as investors are showing renewed interest in the strategy.
Henderson can look forward to a good year next year as its UK Property Trust still dominates the real estate sector while Richard Pease is named on several occasions as the fund to follow on the continent.
