Launched in Hong Kong, the portfolio invests in assets such as covered calls and collateralised loans in the US, targeting investors who want to diversify away from traditional income investments.
You are more likely to be “hit by lightning” than see returns that beat inflation and cash from a multi-asset fund, according to fresh research raising the debate into cost effectiveness once again.
Mixed-asset funds don’t necessarily keep up when equity markets are rallying, according to Colin Graham, BNP Paribas Asset Management’s chief investment officer and head of active asset allocation multi-asset solutions.
Looking beneath the surface and anticipating factors that will affect markets in the future are at the core of Pictet’s multi-asset team’s investment strategy, says senior investment manager Andrew Cole.
Siam Commercial Bank is the top fund asset gatherer in Thailand in 2017 thanks to high net inflows into its income-oriented global asset-allocation funds, according to Morningstar.
Cathay Securities Investment Trust launched three Smart ETF funds of ETFs on 15 March, gathering NT$6.3bn ($209m) by the month end, according to data from Morningstar.
Mirae Asset Global Investments (HK) has launched a Luxembourg-domiciled Asia-Pacific multi-asset income fund targeted to institutional investors and high-net-worth individuals.
Francesco Sandrini, head of multi-asset securities solutions at Pioneer Investments, considers where new opportunities in multi-asset can be found against an expected reflation scenario.
Although multi-asset funds have become popular in Asia, those that focus on emerging markets are not favoured by private bank investors, according to Christian Bucaro, BNP Paribas Investment Partners’ Singapore-based head of private wealth distribution for Asia-Pacific.
Neuberger Berman has brought to Asia an alternative multi-asset Ucits fund at a time when regional investors are pouring money into alternative multi-strategy funds.