Investors keep pouring money into GARS – is that a good idea?
The SLI GARS fund was the best-selling mutual fund in Europe in November, taking in €1bn in net new money. However, there are multi-strategy funds that perform much better.
The SLI GARS fund was the best-selling mutual fund in Europe in November, taking in €1bn in net new money. However, there are multi-strategy funds that perform much better.
The departure of Mark Harries from Aberdeen has brought the spotlight back on the world of multi-managers. But it is one aspect in particular that’s the big talking point.
Mark Richards has joined JP Morgan Asset Management (JPMAM) as a strategist in the global multi-asset solutions group.
Nordea Asset Management has launched a new multi-asset fund for UK investors, the Nordea 1 – GBP Diversified Return Fund.
While commentators are quick to praise innovation within the funds space, is there a case to say that the industry is still edging towards conservatism and risk aversion?
About $105bn flowed out of mixed asset products in Q3, and total net flows from retail investors were down by more than half, according to data from Strategic Insight.
In Singapore, Aviva Investors has launched two sub-funds of its Luxembourg-domiciled multi-asset products.
ETF Securities has reported a three-fold increase in ‘retail’ investors looking to hedge their currency exposure since the start of the year.
Barings’ Multi Asset Group has upgraded equities to “preferred”, amid encouraging signs of US growth.
Amundi’s new Multi Asset Global Fund for international investors aims to satisfy growing demand from financial advisers for an all-in-one solution for clients willing to take moderate risks, said Éric Tazé-Bernard, the fund management company’s chief allocation adviser.
Diversification through traditional multi-asset investment is irrelevant to the modern investor so alternative methods and asset classes are clearly needed,argues Joe Tennant at Schroders.
Old Mutual Global Investors has removed the income targets from its Generation range of multi-asset funds, formerly run by John Ventre.