Autumn 2014

ArgentinaOpportunities for distressed debt investors are diminishing as governments look to adopt a new approach to dealing with sovereign default, effectively removing vetoes blocking debt restructuring. Stefanie Eschenbacher asks at what can be learnt from Argentina’s default.

Fiona Le PoidevinVisiting Brazil, Chile and Colombia earlier this year I was struck by the way in which Latin American institutional investors are shifting their allocations away from simply the traditional domestic market to incorporate wider asset classes, such as private equity and with global exposure, including Europe.

Air baloonsDespite being Latin America’s third-largest economy equity managers aren’t unified on the merits of Colombia. This isn’t the case for bond managers, discovers Nick Fitzpatrick.

ColoursNew rules mean mutual funds must use third-party depositaries, not local banks. Nicholas Pratt looks at how a market, where Citi was the only foreign player, may change.

Jean SeraniIn a new series, Funds Europein conjunction with Investec Asset Management, looks at the challenges affecting fund distributors around the world. Jean Pierre Serani Toro, chief executive officer of Valores Bancolombia, explains the opportunities he sees in asset management.

TreesLatin America could be the fastest growing region in the next five years, finds Andrew Short. Though good for international asset managers, it makes it unlikely that Brazilian investors will want to venture abroad.

Giordano LombardoStimulus measures and recovering economies support investment in risk assets like equities. Pioneer Investments advocates risk – but says diversification is more urgent.

Paper shipThe Brazilian retail opportunity is starting to shift to broader asset coverage, though investors like simple products, finds Andrew Short, who looks at how some local and international fund managers are developing.

Old carsCuba is subject to a strict embargo by the US and is not part of international capital markets. Florida-based Thomas J. Herzfeld tells Stefanie Eschenbacher how he invests in the island nation through a variety of legal strategies.

Sponsored Profiles

SPONSORED FEATURE: Smarter than beta

Jun 14, 2017

‘Smart beta’ investing is rapidly becoming a popular alternative to both conventional passive management and traditional active management.

SPONSORED FEATURE: Smart beta: Unlocking key drivers of return

Jun 14, 2017

Manuela Sperandeo, iShares Head of Specialist Sales EMEA, tells Funds Europe how investors can leverage smart beta strategies to target numerous outcomes.

SPONSORED FEATURE: Minimum variance indices: Rewriting the rules

Jun 14, 2017

The FTSE Russell indices tracked by lyxor lead to fewer specific risks, fewer valuation and crowding issues and more consistent performance.

SPONSORED FEATURE: The reflationary environment

Jun 06, 2017

Funds Europe talks to Andreas Wosol about the implications of a return to reflation and why the value part of the European equity market could support investors in such an environment.

Executive Interviews

INTERVIEW: Finding managers that can (and do)

Apr 18, 2017

Fabrice Kremer, a fund selector at Banque de Luxembourg Investments, has berated fundamental managers for failing to beat indices, but he remains committed to active funds. He speaks to Nick...

JERSEY INTERVIEW: ‘A steady sort of place’

Mar 21, 2017

The chief executive of Jersey Finance is keen to portray the island as a stable, trustworthy jurisdiction. He talks to George Mitton.

Roundtables & Panels

TRENDING: Smart beta indices continue onward march

Jun 14, 2017

We asked five investment experts how smart beta indices have performed against cap-weighted indices over the past year and what the investment outlook suggests about the prospect for different investment factors.

SMART MONEY: Following the smart money

Jun 14, 2017

We asked six investment professionals about the emphasis they are placing on smart beta and active ETFs and how platforms are adopting these products.