Hedge fund “a good fit” for pension funds’ portfolios
The Mint Tower Arbitrage Fund aims for a positive absolute return under all market conditions, and has managed to do so since its inception. This makes the hedge fund an ideal shock absorber in investment portfolios.
This is what partner Marcel Voogel (photo, left) and head of investor relations Bart Bijmolen (photo, right) of Mint Tower Capital Management said in conversation with Fondsnieuws, Investment Officer Luxembourg’s sister publication.
AXA sees no problem with low interest rates
The bond market is in the doldrums. The value of the world’s negative yielding debt has risen to more than USD 16,000 billion, the highest level in six months. Yet not every bond investor is worried about negative yields.
Lazard AM: create your own asset classes today
Jai Jacob, managing director and fund manager in Lazard Asset Management’s multi-asset investment team, creates his own asset classes because traditional subdivisions no longer suffice. Most recently, he created sustainable agriculture. He also takes a different view of emerging markets because this universe has become predominantly China, just at a time when Chinese markets are reeling.
Sport and Investments: former rower Emiel van den Heiligenberg (LGIM)
In 1993 he made a serious plan to participate in the Olympic Games of ‘96. Emiel van den Heiligenberg (pictured above raising his hands) trained 14 times a week, hours a day. Until, among other things, a hernia threw a spanner in the works. The competition rowing of those days still plays a role in his function as head of the asset allocation team of LGIM.
Fund distribution reform beds in
Although Luxembourg decided not to “gold plate” the EU Cross-Border Distribution Directive for funds, other member states have moved to add their own local requirements when transposing the legislation. What should asset managers be looking for as these rules are rolled out?
Chinese stock market crash often exaggerated
The Chinese stock markets have been on fire for a few weeks now. The large price losses have also surprised local fund managers, and investors are wondering whether they can still invest in the country with peace of mind. Fund manager David Raper (photographed above) thinks these concerns are somewhat exaggerated.
Pictet AM: A return to equity neutrality
“There is a lot of uncertainty around inflation and monetary policy in the United States. This clouds the outlook for equity markets. In the long term, Asian equities offer the best investment opportunity.”
PGIM doubles AuM in Europe in 18 months
PGIM Investments has seen the assets under management in its UCITS fund range in Europe double from 4.8 to 9.6 billion US dollars in the past 1.5 years. This increase is mainly due to new inflow and to the fact that the American asset manager, as an active house, charges competitive fees.
Too-strict green benchmarks counterproductive
By only investing in the best of the best, sustainable investors are harming their interests, says Henrietta Pacquement, manager of the Wells Fargo Climate Transition Global Investment Grade Credit fund.
Sustainable agriculture a genuine long-term theme
Allianz Global Investors can now offer an extensive thematic range, which was recently completed with a fund that invests in companies that offer solutions to various food challenges in our societies. Demand is expected to rise sharply by 2050.