Ominous outlook for split bond and equity portfolios
A passive portfolio of 50% bonds and 50% equities faces negative annualised returns, according to a report by Pictet Asset Management.
A passive portfolio of 50% bonds and 50% equities faces negative annualised returns, according to a report by Pictet Asset Management.
Pictet Asset Management multi-asset manager Shaniel Ramjee is avoiding consumer staples and telecommunications as they have accumulated too much debt.
Pictet Asset Management has launched an unconstrained fixed income fund targeting up to 8% returns over cash.
Allianz Global Investors announced several new appointments as it confirmed current co-head George McKay will retire in 2018.
Pictet Asset Management has increased its weightings to the eurozone and Japan, while at a sector level it has raised exposure to financial and energy companies.
The US equities rally has been given a fresh boost this year by continuing earnings upgrades and a weakening dollar, but Europe’s investors are not buying it.
Investors should be wary of increasing risks as the equity rally and global growth looks set to falter according to Pictet Asset Management’s Chief Strategist Luca Paolini.
Pictet Asset Management has added a long/short global equity fund to its total return range.
Pictet Asset Management has weighted its multi-asset portfolios more towards cyclical equities as a respite in dollar strengthening supports earnings.
Unleashing ‘helicopter money’ is a way for the Bank of Japan to repair the damage to its credibility caused by persistently missing its inflation target, according to Pictet Asset Management.
Why is the dollar so expensive when US productivity growth is zero and there are political risks?, asked Luca Paolini, chief strategist at Pictet Asset Management.
Positive developments such as evidence of an underlying improvement in industrial production and exports in Asia are luring investors back into emerging markets, said Pictet Asset Management’s chief strategist Luca Paolini.