Fund monitoring and deselection is an often overlooked area but a diligent approach can save time and have long-term benefits.
Is accepting a bit more volatility enough to sustain long-term fixed income returns, or should investors also make concessions on liquidity?
Besides higher-yielding bonds, investing in liquid alternatives is another way to future-proof bond portfolios. But such ‘absolute return’ funds bring potential benefits as well as drawbacks.
Fund selectors are divided when
determining whether having a star manager at the helm is more likely to lead to long-term performance than a team-based approach.
Over the past two decades or so, Ucits has become the default fund format for cross-border funds. Since the UCITS IV directive opened up the alternative space for Ucits funds in 2009, the format has become even more ubiquitous. Its dominance has even gone as far that many fund selectors have narrowed down their selection universe to Ucits-only. But is this a sensible way to go?
The extent to which an investment fund’s portfolio deviates from its benchmark matters, say delegates at Expert Investor Europe’s Pan-European Congress in Rome.
Despite the popularity of the asset class, not many absolute return funds have been able to live up to expectations.
Equity bulls were told what they liked to hear at the Expert Investor Denmark event in Copenhagen last week.
Mifid II is, even before implementation, already triggering plenty of unease amongst Europe’s asset management industry.