PEOPLE MOVES: Blackrock, Zurich, Merian Global Investors
Head of Taiwan leaves fund manager and Swiss insurer hires Australian boss
Head of Taiwan leaves fund manager and Swiss insurer hires Australian boss
It is not good enough to get away with what amounts to a closet tracking portfolio with fees that would correspond more appropriately with an active approach, says Rod Guest, international sales manager for Marlborough International Investment.
A majority of institutional investors want to diversify away from “highly correlated” stocks and bonds and are concerned about meeting long-term liabilities.
Passive funds are set to be increasingly used as core holdings for client portfolios in the Asia-Pacific region, according to a report by global analytics firm Cerulli.
Swiss-based Argos Investment Management is to link up with a new asset management company headed by emerging markets veteran Robert Lloyd George to launch a long only, UCITS fund focused on emerging market high growth sectors.