Appetite for high yield bonds is at its strongest for almost three years: some 40% of the fund selectors our researcher met on his trip to Madrid earlier this spring will up their exposure while only 10% are going to sell. The comeback of high yield is all the remarkable considering appetite was at an […]
Return expectations for US equities have plummeted at record speed this year. In December, more than two thirds of asset management companies expected US stocks to deliver a return of more than 5% in the next 12 months. Now, this has come down to less than a fifth. The fund manager […]
As Spain is now the fastest-growing eurozone country, with year-on-year GDP growth of 2% in the final quarter of 2014, fund selectors in the capital Madrid are now Europe’s biggest optimists when it comes to the economic prospects. A record 80% of fund selectors have a positive macroeconomic outlook, while bears are nowhere to be seen. […]
Financial consultancy Wellershoff & Partners recently analysed the return prospects for equity markets in Asia, Europe and the US, The outcome? Europe will outperform the US by about five times.
For European fund buyers, it’s either European or emerging market equities, never both. Equity market returns only partially explain the phenomenon.
EIE’s latest Pan-European research data reveal that the asset class European fund selectors’ views are most split on is European equities.
Flows into European equity funds are the lowest they have been for almost a year.