Lack of EU unity ‘drags on European equities appeal’
In response to the eurozone’s first quarter drop in growth and the European Union’s discord over how to handle migration a German fund selector has reduced European equity fund allocations.
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In response to the eurozone’s first quarter drop in growth and the European Union’s discord over how to handle migration a German fund selector has reduced European equity fund allocations.
European investors retreated from risk in June according to State Street’s investor confidence index amid rising European political turmoil and global trade war fears.
Italy has replaced the UK as the least popular market in Europe for fund managers, according to Bank of America Merrill Lynch (BofAML).
Panellists at Expert Investor’s Frankfurt Emerging Markets event debated the challenges for investors seeking attractive emerging market investments combined with solid ESG credentials.
Here are some of the highlights from the Expert Investor Frankfurt: Emerging Markets forum on 24 May 2018.
Majority of European fund selectors surveyed at Expert Investor events in Frankfurt, Brussels and Lisbon expect a hefty market correction in developed equity markets within twelve months.
Deutsche Wealth Management has increased the allocation to sovereign bonds in the firm’s model balanced portfolio due to market volatility.
Analysis by Berlin-based research group Scope ranks all funds in German market – both domestic and foreign – on a range of criteria.
Swiss-headquartered Bank J. Safra Sarasin has announced a new brand for its asset management activities to allow a stronger focus on the needs and expectations of institutional clients.
European fund selectors expressed a preference towards growth emerging market funds over value during the last six months. However, Europe’s top performing funds allocated a greater weighting towards value stocks during the period.
JP Morgan Asset Management has appointed Claude Kurzo to head its Switzerland operations after Patrick Beuret resigned after three years.
Deutsche Bank has confirmed plans to list its asset management division DWS for €2bn on the Frankfurt Stock Exchange.