PA ANALYSIS: Playing the contrarian post-China rout
With global equities return forecasts reasonable at best, a dearth of exciting ideas may leave investors looking for contrarian plays.
With global equities return forecasts reasonable at best, a dearth of exciting ideas may leave investors looking for contrarian plays.
Doubters of UK economic robustness are wrong, says GLG’s Henry Dixon, and the Bank of England are at risk of falling too far behind the curve.
Many expected inflows into fixed income to slow this year, but that has so far not been the case; and it has been strategic bond funds that have benefited.
GLG Partners has appointed Adrian Edwards as portfolio manager for its Japan CoreAlpha team.
The GLG UK Income Fund will be now managed by Henry Dixon.
GLG Partners has appointed Simon Price as an asset manager to focus on stock-picking opportunities in the US and Japanese financials sectors.
GLG has launched an undervalued asset fund for new hire Henry Dixon.
GLG is launching a new Ucits-structured targeted absolute return fund which will invest across a range of asset classes.
Japan's quantitative easing programme is a "disaster in the making" while its central bank has let the "lunatics take over the asylum" with a 2% inflation target, according to GLG's Stephen Harker.
Aviva Group's shares fell by as much as 16% in morning trading after the company reported a £3.05bn loss and slashed its final dividend 44%.
Research from Deutsche Bank shows institutional investors expect an all-time high of $2.5trn invested in hedge funds by the end of this year though this is a trend that will remain the preserve of the large institution rather than the individual investor.
GLG Partners plans to reopen its two GLG Japan CoreAlpha funds to new investors from next week.