Wells Fargo Asset Management isn’t afraid of a challenge. It has launched a European investment grade credit fund.
Largely within expectations, the MSCI will add Chinese A-shares to its emerging markets indices starting in May next year - a symbolic rather than impactful move in the short run.
European value stocks have been in high demand with investors, who are banking on a sustained macroeconomic resurgence in the eurozone. And their enthusiasm for ‘cheap’ stocks shows no signs of abating.
“Positive and constructive” was how the UK’s Brexit secretary David Davis described his mood as he kicked off negotiations with the EU on Monday morning.
PGIM Investments, the asset management arm of US insurer Prudential Financial, has registered a range of Ucits funds for sale in five new markets.
There is a stronger than ever consensus among investors that equities are overvalued. Investors also believe central banks are too dovish.
US president Donald Trump’s decision to withdraw from the Paris Climate Agreement may result in securities issued by the US government becoming ineligible for ESG investors, experts say. But ESG fund managers are reluctant to disengage.
Record inflows in May powered total assets invested in ETFs across the $4trn mark. And Europe is picking up the pace.
The headlines say fund groups’ profits fell, but what else can we learn from McKinsey & Company’s Asset Management 2017 report into the European funds industry?