BMO Global Asset Management’s Gary Potter revised his funds’ underweight US position to neutral after the election, but did not back down from his convictions on Japan and Asia despite Donald Trump’s trade rhetoric.
ETFs used to be the answer to tactical, short-term asset allocation needs but now there are leveraged ETFs, income ETFs and entire portfolios that are themselves actively managed.
The current F&C Multi-Manager Solutions team was conceived in 1996, the year that first gave us the Spice Girls, Dolly the sheep and the Tamagotchi electronic pet.
Following a period of medical leave, the head of Deutsche AM is to leave the company in order to focus on his treatment. BMO GAM has named a new chief executive and the departure of its co-chief executive. Recent acquisitions have seen new chief executives appointed at Kleinwort Benson and StarCapital.
BMO Global Asset Management’s chief executive Richard Wilson is now the company’s chief investment officer as well.
BMO Global Asset Management EMEA has added Phil Webster to its European Equities team, effective immediately.
BMO Global Asset Management has launched the BMO Global Equity Market Neutral Fund.
The firm believes “lower for longer” will apply to energy prices, inflation and interest rates over the next five years.
Select areas of the global high yield market are now looking particularly attractive in the wake of the sell-off, according to Chris Brils, head of global high yield at BMO Global Asset Management.
At our PA Emerging Markets event, we asked seven expert fund managers if investing across the regions was any more difficult than getting value from Europe; taking on Latin American bonds and banks; and getting the right Asian balance between India’s positives and China’s weaknesses.
At our recent PA Emerging Markets event, wealth managers told us they are incredibly positive on the developing world while the specialist fund managers were less so – we asked them why.
BMO Global Asset Management has said an “overtly bearish stance” is not justified because fundamentals have not deteriorated sufficiently, although 2016 shaping up to be “a challenging year.”
