Pictet AM unveils its first Hong Kong-domiciled fund
Pictet Asset Management has launched a multi-asset income fund, its first domiciled in Hong Kong, and has high expectations for emerging Asia equities over the next five years.
Pictet Asset Management has launched a multi-asset income fund, its first domiciled in Hong Kong, and has high expectations for emerging Asia equities over the next five years.
There are now for the first time more multi-asset funds than bond funds for sale in Europe, according to statistics released by Lipper today.
Global asset manager Schroders said improving investor sentiment toward China and the demand for income has prompted it to launch a new China Asset Income Fund.
Morgan Stanley Investment Management has added the Global Balanced and Global Balanced Defensive funds to its line-up.
Known as an emerging markets specialist, Aberdeen Asset Management has been diversifying into alternatives and intends to push this asset class and multi-asset funds in Asia, said Andrew McCaffery, global head of alternatives and group head of solutions.
If the lower for longer period of global growth and interest rates does come to an end, David Jane, manager of Miton Group’s multi-asset range, said he would have to restructure roughly half of his portfolio.
The BNP Paribas multi-asset team tactic, in the current febrile environment, is to tread carefully in its search for alpha and let the fallout from Brexit, modest global growth and doubts over monetary policy play out.
The UK’s Investment Association has unveiled a new volatility-managed sector, to deal with the swelling ranks of unclassified funds.
In a low yielding and high risk world multi-asset funds are best placed to meet the investment outcomes clients require, says Colin Graham, head of active asset allocation, multi asset solutions for BNP Paribas Investment Partners.
Investment manager Tilney Bestinvest has unveiled a new range of risk-graded multi-asset, Ucits compliant, Open-Ended Investment Companies (OEICs).
Global growth is turning up and the economic outlook for the second half of the year is positive but the months ahead are full of potential pitfalls, said Trevor Greetham, head of multi asset for Royal London Asset Management (RLAM).
The Old Mutual Compass Portfolio range is the first launch from the Old Mutual Wealth multi asset unit formed last year, which combines the best in class capabilities from Old Mutual Global Investors (OMGI) and Quilter Cheviot.