Alger Small Cap Focus: the secret behind its success
Amy Zhang has been one of America’s best-performing fund managers for quite some years now. What’s the secret behind the success of the manager of the Alger Small Cap Focus Fund? ‘Most of my peers sell too early, which is the biggest single cause of underperformance. We let our winners run as long as we believe there is still a significant and long runway for growth,’ says Zhang.
PGIM Investments: 3 reasons to embrace bonds
Why has credit entered a boom cycle? New issuance is up and valuations are down, and company positioning is expected to benefit debtholders more than equity investors.
UBS AM: Bears come out of hibernation, but is it too soon?
Bond markets have started 2021 with a move higher in yields so what are the bearish arguments today for the outlook for bonds?
GDPR and Brexit: another deadline
Personal data transfers in general, and in the financial sector in particular, are one of the many gaps in the Brexit trade and cooperation agreement (TCA). There is a transition period, but once it lapses later this year financial institutions may no longer be allowed to transfer client data between the UK and the EU.
European family offices ahead in sustainable investing
The average European family office has invested 16% of their assets sustainably. This is much more than their counterparts in the rest of the world, according to a survey by Blackrock.
Capital Group : Biden's new administration : Priorities emerge under new leadership
As U.S. President Joe Biden takes office, the prospects for his policy agenda appear more robust than previously thought, following a Georgia runoff election that flipped control of the U.S. Senate
‘20% upward potential for European banking stocks’
The share prices of European banks have been rising in recent months, and their rally has further to go. In the long term though, structural underperformance will continue, believes Jonathan Fearon (pictured), investment director European Equities at Aberdeen Standard Investments.
‘Reflation trade to accelerate under Biden’
The reflation trade will accelerate further under a Biden presidency, according to what Philippe Gijsels (photo), chief strategist at BNP Paribas Fortis. Commodities, EM equities, small caps and cyclicals all offer exposure to it. But that does not mean one should dump growth stocks.
UBS AM: EM bonds ready to perform well in 2021
EM credit and rates will likely do well under the President-elect Biden administration in 2021.
‘Dollar weakness double whammy for expensive US stocks’
Despite its recent slide, the US dollar is still overvalued. In time, the greenback could go much lower. This has positive implications for European, Japanese and EM equities, but is a bad prospect for Wall Street, according to Michael Devereux, multi-asset fund manager at Schroders.