27% of European fund managers will be overweight in sector over the next 12 months, according to BofA
We look at outlook of European fund selectors. Which countries have the bleakest outlook and which assets are they shunning?
Inflows into unconstrained bonds plummet amid concerns about illiquidity in asset class as Swiss asset manager Gam freezes fund
Infrastructure funds have seen outflows for the first time in a decade but this has not discouraged pan-European fund selectors who are big fans of the asset class, according to Last Word Research.
Global emerging market (GEM) equities have been one of the most popular asset classes among pan-European fund selectors since Q3 2015 – but demand dropped dramatically during Q2 2018.
Pan-European fund selector sentiment towards US equities has moved up into the low to neutral territory from a negative position according to latest Last Word Research.
Oil and gas companies dominate the Russian economy, but investor efforts to encourage better corporate governance are beginning to yield results.
The risk of a trade war between China and the US has fuelled investor uncertainty. One fund selector has dropped their only China equity focused fund while another portfolio manager has reduced his China allocation.
Italy has replaced the UK as the least popular market in Europe for fund managers, according to Bank of America Merrill Lynch (BofAML).
After a torrid nine years of losing investors money in a raging bull market, commodities could finally start to see a change in fortune.