Multi-asset funds see first outflows since 2011
Multi-asset funds saw their first net outflows in more than four years in January, according to fresh Morningstar data. The outflows were the biggest since October 2008.
Multi-asset funds saw their first net outflows in more than four years in January, according to fresh Morningstar data. The outflows were the biggest since October 2008.
Fund Selector Asia, IA’s sister publication, looks at the worst performing multi-asset funds during the volatility spike of the last 12 months, when the vast majority of these funds went underwater.
The precipitous falls seen on stock markets in recent weeks have opened up opportunities for brave managers of long term money, while at the same time ratcheting up the noise and negative sentiment in the round.
French asset allocators significantly outperformed their global peers in 2015, while UK managers came in second, new research by Natixis Global Asset Management shows.
Franklin Templeton Solutions vice-president Matthias Hoppe drills down on the risks and rewards of asset classes and the importance of diversification.
Credit Suisse has released a report which forecasts real equity returns will be limited to 4-6% over the next ten years and real bond returns will be close to zero.
Killik & Co has launched Panel Portfolio, a multi-asset service designed for investors with accounts of at least £750,000 ($1.08m, €973m).
Asset managers with an anchor in Europe most likely won’t be losing too much sleep over the prospect of the UK leaving the EU, but they should still be preparing for the coming uncertainty, says ALFI.
Legg Mason subsidiary Western Asset is launching two flexible fixed income funds for investors seeking returns from bonds in the current low rate environment while looking for some protection from principal losses.
Amundi ETF has extended its smart beta range with the launch of a multi smart beta ETF which offers investors exposure to European equities.
Despite recording its first net asset outflow for seven quarters, Deutsche Asset and Wealth Management (AWM) outperformed the rest of the group; achieving net revenue growth of 14.2% in the fourth quarter, against a decrease of 15.2% for Deutsche Bank Group over the same period.
Investor enthusiasm for multi-asset funds is on the decline. Though asset flows are still positive, they are now at their lowest level since August 2012. Are the heydays of multi-asset funds over?