Contingent convertible (coco) debt of European banks is mispriced relative to other bank debt and this presents an arbitrage opportunity, argues Marc Stacey, portfolio manager at Bluebay Asset Management.
Tag: Europe
Does Catalonia raise EU risk?
Catalonia’s drive for independence from Spain underscores the growing number of people profoundly dissatisfied with European leadership. However, Paras Anand, Europe CIO of Fidelity International, said his firm has not made any portfolio changes in response.
Mutual fund Top Trumps – Europe including UK equity
This week FSA presents a quick comparison of the GAM Star European Equity Fund and the sector, Europe including UK equities.
Pictet says avoid US equities
The expensive valuations of US equities have made Luca Paolini, Pictet Asset Management’s London-based chief strategist, urge investors to be very cautious.
The Brexit debate: What exactly do we know?
As the British government struggles to trigger an exit from the European Union, fund distribution heads at some of the biggest names in the industry share their thoughts on the implications for their UK and European operations.
Survey: Investors give Japan high marks
Despite the uncertainty over the outcome of Abenomics, institutional investors are optimistic about structural reforms, according to a survey by BNY Mellon.
Asia-Pac fund sales beat developed markets in 2015
In 2015, net sales of regulated funds in Asia-Pacific for the first time outpaced sales in Europe and the Americas, according to data from the Investment Company Institute.
StanChart: Equities the key theme for H2
Portfolios should still have a significant allocation to equities,
Standard Chartered Bank’s Wealth Management Advisory Group said.
China Post Global buys European Exchange Traded Funds from RBS
China Post & Capital Global Asset Management has acquired 10 Europe-listed ETFs from Royal Bank of Scotland as RBS continues its strategy of selling its non-core UK businesses.
ECB gets tough
Fund managers weigh in after ECB president Mario Draghi jolted markets with his bold monetary policy moves.
