Funds Hub

Money managers under the microscope

Morning line-up: Harvard, Japan and bubbles


News and views on the fund industry from Reuters and elsewhere:

RTR1SGF8We still like cash – Reuters

The Twitterati take

Harvard SWF prop. deal on ice – Bloomberg

…while other prop. buyers head for Japan – Reuters

Know your bubbles – AllAboutAlpha

from Jeremy Gaunt:

And the investor survey says…

Reuters asset allocation polls for August are out. They show very little change from July, which suggests investors are still cautious and uncertain about what is happening.

One big difference, month-on-month, was a large jump into investment grade corporate debt.  Andrew Milligan of Standard Life Investments reckons this  may in part  have been because  sovereign debt rallied so much over summer that returns from government bonds are now too meagre.