February 2013

cigarette smokeBonds yields are in the toilet, in industrialised nations at least, and so I was unsurprised when a friendly (equity) fund manager recently said that investing in bonds is a mug’s game.

BootsWould you like to hire an active fund manager but pay them a passive-like fee if they underperform? Wyoming’s pension fund has done just this and says other plans could do too, if they ‘dig their heels in’. Nick Fitzpatrick reports from New York.

HouseUS pension funds are massively home-biased, but direct allocations to emerging market equities are slowly rising. Nick Fitzpatrick reports from New York.

E RepettoDirectors at Dimensional Fund Advisors include academic luminaries who have shaped how returns are measured. Nick Fitzpatrick reports.

In numbersMutual fund investors in the United States look particularly annoyed with active returns if fund flow data is anything to go by, says Nick Fitzpatrick.

AcornsAfter a formidable year in 2012, the United States stock market is likely to be a popular focus for investors in coming months. Some say it pays to invest in small caps, particularly those owned by their founders. George Mitton reports.

CarA solution to the debt-ceiling crisis could unleash business investment in the United States, but will require tough decisions on tax and entitlement. George Mitton reports.

Stage… and although fund platforms should help ETF providers grow their business in the UK retail market, Nicholas Pratt finds there are still operational issues.

Thorn crownNo one is predicting that core sovereign bonds will perform any better in 2013 than at the current low levels. Fiona Rintoul asks it they are still a safe option.

CurrencyLegal cases against custody banks in the United States over currency trades puts the issue of foreign exchange outsourcing in the spotlight, writes Nicholas Pratt.

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Sponsored Profiles

SPONSORED FEATURE: Investing for income

May 17, 2017

Portfolio Manager Thomas Kruse examines the findings from Pioneer Investments’ survey on income investing and outlines ways of achieving a target income.

SPONSORED ARTICLE: A radical solution to KYC concerns

May 17, 2017

The 1MDB affair shows that lax know-your-customer and due-diligence procedures are a major risk, says Paolo Brignardello, head of product management and marketing, Fundsquare. New solutions are...

SPONSORED FEATURE: AIFMD - What does Brexit mean?

Apr 18, 2017

An open discussion between funds industry experts and initiated by SGG Luxembourg took place in London to examine  the implications of Brexit for UK fund managers marketing to the EU.

SPONSORED FEATURE: Luxembourg fund reporting – CRS vs FATCA

Apr 18, 2017

Luxembourg funds need clear procedures for CRS compliance, writes Andrew Knight, Partner at M Partners, a member of the Maitland network of law firms.

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

MARKETING & BRANDING ROUNDTABLE: It’s about aspiration

May 17, 2017

With such an intangible product, it can be hard for asset managers to communicate what they do. Having personality and connecting with customer aspirations may be the key, our branding roundtable hears.

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.