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Southeast Asia Covid bargains

Equity markets in most emerging markets are lagging the US and Europe significantly this year. The reason for this is the stricter rules for listed companies in China and the continuing impact of the coronavirus. While the former is an ongoing source of uncertainty for investors, the latter creates buying opportunities, particularly in Southeast Asia.

Alternatives state of play

How has pandemic affected the Luxembourg alternative fund sector? What is the shake out from Brexit? Has regulatory reform in Ireland increased competition for Luxembourg? What about crypto-asset funds? These questions and more were addressed at the “Global View on Alternative Investments 2021” webinar hosted earlier this month by US trade association NICSA in partnership with ALFI.

Long-term trend plays through expensive stocks

“If you want to identify long-term trends, you would do well to select mainly companies that are best positioned within that trend. In general, these are the more expensive listed companies in the stock market.”

 This is the view of portfolio manager Jack Neele in a conversation with our sister publication Fondsnieuws. Robeco’s Global Consumer Trend Fund operates as much as possible independently of underlying macroeconomic factors such as interest rates and inflation. His approach is bottom-up when it comes to stock selection. 

ABN Amro wants private markets as a fixed asset allocation component 

ABN Amro is broadening the options for clients who want to invest in private equity. For the first time, the bank is offering a basket of private equity managers, in addition to the already existing single manager funds. Meanwhile, the bank is getting ready for the next step: private markets as a structural part of the strategic asset allocation. 

Invesco: Sovereign wealth funds increase their equity allocation

The ninth annual Global Sovereign Asset Managers Survey, conducted by asset manager Invesco, shows that sovereign wealth funds and central banks have shifted more money into equities and expanded their investment horizons. It is also notable that, according to Rod Ringrow, head of official institutions at Invesco, many have increased their investments in China while taking ESG more seriously.

More equities

Amundi: A monetary policy mistake is now the biggest risk

A monetary policy mistake is now a very big risk about which markets are not taking sufficient account. Tightening at the wrong time could trigger a recession. The first half of the year was very positive, but you also have to dare to take profits. Inflation will be more persistent than generally assumed. Caution is therefore advised.