Fund selectors often struggle with clients over what is best
Many fund selectors believe clients often end up damaging their own portfolios when insisting on bad investment ideas, according to a survey conducted at Expert Investor’s Pan-European Congress in Rome on Thursday.
US equity large cap funds preferred but small caps edge ahead
Strong gains in US equity markets over the past year have encouraged investors to target the asset class in 2018, but while most prefer large cap funds it’s the small caps that have generated the better returns.
Ethical exclusions lower Norway’s sovereign fund returns
Norway’s giant sovereign wealth fund has returned 1.6 percentage points less on an annualised basis over the last 12 years because it excluded some stocks on ethical grounds.
Franklin Templeton ‘repositions’ fund to focus on climate change
Franklin Templeton Investments has “repositioned” its existing Global (Euro) Fund to focus on companies actively reducing their carbon footprint which it expects will boost returns.
Fiscal policy concerns after Italy’s populist parties gain
The market reaction following the success of Italy’s populist parties at Sunday’s general election will depend on how diluted their stance will be going forward on fiscal easing and being anti-Europe, according to experts.
Finns and Swedes’ small cap preference reaps rewards
European small cap growth funds have outperformed rival fund categories over the last three years, and Finnish and Swedish fund selectors have led the pack in cashing in.
Hung Italian parliament ‘best scenario’ for investors
The expected hung parliament following this weekend’s Italian election is likely to encourage fund selectors towards Italian equities and away from the fixed income sector, according to experts.