Schroders is acting in line with the sentiment of the vast majority of UK-based wealth managers as it has recently increased its emerging markets capability thanks to the recruitment of Craig Botham from the Prudential Regulatory Authority (PRA).
As emerging markets continue to struggle, so has investors’ patience been tested, but what can a conscientious asset allocator really do about it?
Most wealth managers expect to increase their exposure to emerging market equities, despite evidence that structural problems in BRICs is pushing investors towards peripheral territories.
Year to date some $153bn has gone into developed market funds while $1.4bn has come out of emerging market portfolios globally, according to global fund flow data from BofA Merrill Lynch (BofAML).
The ING (L) Renta First Class Yield Opportunities fund is a multi-strategy credit portfolio invested in global high yield, investment grade credit as well as emerging market debt.
Pat Ryan, portfolio manager of the Lazard Global Equity Income Fund, comments on emerging market opportunities despite the slow-down in China and Brazil.
Yerlan Syzdykov has been promoted head of emerging markets bond and high yield at Pioneer Investments following the departure of Greg Saichin.
iShares is offering investors currency-hedged emerging market bond exposure through an ETF listed today on the London Stock Exchange
John Husselbee, CEO of North Investment Partners, takes a look at the challenges faced by emerging markets year to date and the issues these economies face looking forward.
According to the latest BofA Merrill Lynch Global Research report, in the past two years Russia-dedicated equity funds have seen outflows of $5.7bn (£3.7bn) more than half of their current AUM.
Optimism in the eurozone improved significantly over the past month as 45% of investors stated they expected the economy to strengthen over the coming year, compared to 24% in May.
Two cherubic check-shirted centurions guard the Regent St branch of Abercrombie & Fitch with the casual haughtiness of off-duty beefeaters… in designer sandals.
