In the aftermath of the US elections, investors have been selling off bonds and have bought equities. Is this a sign the long-awaited Great Rotation is finally unfolding?
Here you can see a slideshow of photos taken at the Expert Investor Finland forum, held in Helsinki on 22 November 2016.
Companies in the Nordic countries continue to hold the majority of their liquidity in bank accounts. And they don’t have plans to diversify, despite the threat of negative central bank interest rates being passed on to them.
Sterling is down almost 10% against the euro in the past six months. Many people automatically assume this is because of fears over Brexit. However, there are probably other factors at play too.
Here you can see a selection of photos taken at Expert Investor Finland, held in Helsinki on 17 May 2016.
The plummeting equity markets in the first two months of this year have left their mark on the mood of Finnish fund buyers. Half of the investors interviewed by our researcher in Helsinki last week do now have a negative macroeconomic outlook. This is up from just 10% when the Finns were polled previously in early December.
Emerging market equities have returned to favour with European investors, for as long as it lasts. After 10 straight months of net outflows, money is finally flowing into the asset class again, according to the latest Morningstar fund flows data.
In an interview with EIE’s editor Dylan Emery, FIM CIO Eelis Hein explains why he thinks it’s still possible to squeeze returns out of low-yielding fixed income.
Fund selectors in Finland are adopting the contradictory stance observed quite frequently these days with investors in Europe: they want the Fed to hike rates at the earliest possible occasion, while they would welcome a move by the ECB to extend its quantitative easing programme.
Here is a selection of photos taken at Expert Investor Finland, held in Helsinki on 10 November 2015.