In part two of this video interview, Marcel de Kleer tells EIE’s Tjibbe Hoekstra why he thinks there are still opportunities to be found in fixed income.
Marcel de Kleer of Wealth Management Partners in the Netherlands has swapped all but one of his active bond funds for passive solutions, he tells EIE’s Tjibbe Hoekstra in a video interview.
In part two of this video interview, Bart van de Ven of Belgian wealth manager Accuro explains why he doesn’t like absolute return funds and why he prefers to keep some cash on the sidelines instead.
Bart van de Ven of Belgian wealth manager Accuro has slashed his allocation to bonds, he tells EIE’s Tjibbe Hoekstra in a video interview. He believes investors should accept higher volatility in their portfolios to be able to attain their investment goals.
A growing number of fund buyers in the Netherlands and Belgium are turning their backs on absolute return funds. Unconstrained bond funds are not in fashion either.
See below for a slideshow of photos from Expert Investor Netherlands, held in Amsterdam on 29 September.
See below for a slideshow of photos from Expert Investor Belgium, held in Brussels on 24 September 2015.
A rate rise by the Fed is long overdue, fund selectors in the Netherlands believe. Fund managers attending the Expert Investor Netherlands conference agreed and fiercely criticised the central bank for its alleged ‘backward guidance’.
The vast majority of fund selectors from Belgium expect their bond portfolios to return between 0 and 2% annually over the next 5 years, even though they are adding risk.
European pension funds have increased their allocation to mutual funds from 19% in 2008 to 31% in 2014, according to a research report by PwC which was commissioned by the Association of the Luxembourg Fund Industry (Alfi).