Funds which aim to achieve positive returns regardless of market direction have enjoyed unprecedented inflows over the past year. While the main driver behind this trend is the increased investor need to dampen their losses when markets fall, risk-parity funds engender risks of their own kind.
Swiss asset manager and private banker Mirabaud recorded substantial inflows from Spain, the company said in its statement for 2013.
Mirabaud Asset Management has launched a Global Equity High Income Fund which aims to produce returns 25% higher than those available on the broad equity market.
Kirill Pyshkin is to join Mirabaud Asset Management on 3 February to work as part of the global equity income team.
South Korea has changed tremendously over the past decade, and its future is looking bright, writes Dan Tubbs, head of global emerging markets at Mirabaud.
China is days away from massive financial reform with stocks linked to areas receiving government support set to boom in 2014, according to Mirabaud’s emerging markets head Daniel Tubbs.
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.
Nicolas Cremieux is to join Mirabaud Asset Management to assist in the management of its £166.8m Convertible Bond Fund which is headed up by Renaud Martin, as it looks support its recent growth in the sector.
Anu Narula is to head up the Mirabaud equities team, taking on a new role introduced as part of the development of the bank’s asset management division.
Fatima Luis has joined Mirabaud Asset Management as a senior high yield specialist as part of the on-going expansion of its asset management team.
Old Mutual has purchased units in the Mirabaud Convertible Bonds Europe fund, adding it to a range of their products.
Swiss asset management company Mirabaud has launched a Dynamic Allocation Fund which will offer investors flexible management on all traditional asset classes.
