Investors have been hiking their allocations to risky assets since Donald Trump was elected US president exactly a year ago. But has Trump had any role in driving these flows?
European investors are sitting on large cash piles, and are waiting for volatility to ease a bit before hunting for opportunities.
A poll at Expert Investor Europe’s Alternative Ucits Congress in Versailles earlier this month showed that little over half of delegates negotiate the fees they pay for their alternative investment funds. Dan Kemp of Morningstar finds this figure ‘surprisingly low’, and suggests that fund selectors should attach more importance to costs.