Candriam launches long/short equity fund with digital focus
Brussels-based asset manager Candriam has launched a thematic, long/short equity fund that will aim to identify losers as well as winners from the digital revolution.
Profile interview – José Luís Borges
Fearing that the current preoccupation with long/short equities will lead to short trades becoming too crowded, José Luís Borges insists on his long/short funds being market-neutral. However, the Lisbon-based head of institutional portfolios at BPI Gestão de Activos is otherwise happy to be overweight equities.
The Great Rotation – from bonds to absolute return
Fund selectors expect an annual return of less than 2% from their bond portfolios over the next five years. The Great Rotation is therefore finally happening. However, it’s not from bonds to equities, but to absolute return.
Catalan fund buyers brace for next market correction
The start of the year has been rough for equity markets, but investors in Barcelona expect another market plunge before summer. They are also hedging their bets politically, it seems, as the uncertain investment outlook has prompted many to drop their support for independence.
Alternative Ucits – you love it or you hate it
If investors use alternative Ucits funds, they prefer to allocate significantly. Some 42% of delegates at Expert Investor Europe’s Alternative Ucits Congress, held last week in Versailles, believe a medium-risk portfolio should contain more than 25% of alternative Ucits funds.