In an earlier article, we looked at the lessons fund managers had learnt from their mistakes. But fund selectors also need to break eggs to make a good cake. Take a look at the mistakes they made and maybe you can learn from them too.
Performance fees are often seen as a necessary evil. But the unambitious hurdle rates most funds employ mean fund managers also get rewarded for underwhelming performance. Is that fair?
Investors keep going big in multi-asset funds. What’s exactly their appeal, which strategies offer most value and how can you identify them?
Inflation-linked bonds have been a popular trade in recent months, and investors plan to continue buying more as inflation expectations are being revised upwards. But can you really tame the spirits of reflation with inflation-linkers?
Returns from alternative Ucits funds have been disappointing over the past couple of years. But perhaps fund selectors have to blame themselves for this.
Multi-strategy absolute return funds have been a blockbuster seller with investors for the past few years. But these funds have so far not done what they promise. With one exception.
The Morgan Stanley Global Brands Fund has generated double the returns of its benchmark over the past eight years, and with lower volatility. So little wonder this is the favourite fund of Michalis Fessas, head of fund selection at Eurobank Asset Management in Greece, ever since he joined the bank’s fund selection team in 2009.
In part two of this video interview, Michalis Fessas, head of fund selection of Eurobank in Greece, sheds his light on the question what money market investors should be doing to preserve their capital.
While the Greek economy contracted massively in 2015, the foreign fund market in the country tripled in size. In this interview, Eurobank’s head of fund selection Michalis Fessas, explains why this happened and discusses its implications for investors.