December-January 2017

Are we getting used to seismic political events? It begins to seem so. The ‘no’ result in the Italian referendum on December 4 wasn’t seismic exactly, but the reaction to it from investors was definitely more muted than it might have been had they not already had to metabolise Brexit and president-elect Trump.

Donald Trump’s victory has fund managers gripping their seats. The only question is ‘what next?’ Fiona Rintoul asks fund managers for their thoughts.

Against the recent emerging markets revival, the number of Brics fund closures has increased. Kit Klarenberg asks if this suggests developing regions are no longer worthy of investors’ attention.

Adeline Ng, head of Asia fixed income for BNP Paribas Investment Partners, discusses Asia’s bond markets in light of Trump’s victory.

Asian local currency bonds have offered a yield pick-up over US treasury bonds this year. However, following the US election, David Stevenson asks if investors still have the risk appetite for the asset class.

2016 was the year emerging markets returned to the spotlight, as they regained ground since the 2012 sell-off. Funds Europe asked our panel if this appetite will persist in 2017.

Following the FTSE upgrade of Palestine to frontier market status, Fiona Rintoul speaks to Palestinian and Israeli investors who let business rather than politics lead them.

The Mutual Recognition of Funds scheme was a hot topic of discussion at an asset management briefing in Hong Kong. Alan Chalmers reports.

In our final survey of fund professionals’ attitudes towards emerging markets in conjunction with Amundi, investors seem certain about which regions and assets offer the best opportunities – and the best way to access them.

Jeff Conway, regional chief executive for State Street, talks to David Stevenson about regulation and how the firm will handle the challenge of tech disruption.

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Sponsored Profiles

SPONSORED FEATURE: Alternative thinking

Mar 16, 2017

Portfolio Manager Davide Cataldo discusses the results of the Pioneer Investments’ survey on liquid alternatives and how investors can be encouraged to increase their allocation.

SPONSORED FEATURE: Interest rate risk hedging: Swapping to other options

Mar 16, 2017

Heightened margin requirements for cleared and uncleared OTC derivatives pose a challenge for legitimate hedging activities and are driving financial institutions to explore alternative hedging...

SPONSORED FEATURE: Why blockchain could be the fund industry’s next Ford Model T

Mar 16, 2017

Blockchain aims to radically change the way investors can access funds, says Olivier Portenseigne, Managing Director and Chief Commercial Officer of Fundsquare.

SPONSORED FEATURE: Open architecture: In need of protection

Mar 16, 2017

Greater efficiency must be embraced to ensure regulatory changes do not destroy choice for fund buyers, says Bernard Tancré of Clearstream.

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

ROUNDTABLE: The issue is perception

Mar 21, 2017

Our panel discuss tax transparency, the elegance of private placement and why Jersey could do more to promote itself. Chaired by Tom Cowsill in Saint Helier.

ASSET SERVICING ROUNDTABLE: Under pressure

Mar 07, 2017

Funds Europe speaks to leading Luxembourg industry figures about the growing regulatory demands on asset servicers and how to remain profitable in spite of major investments in technology.