Money managers under the microscope
News and views on the asset management industry from Reuters and elsewhere
from Global Investing:
Are global equity markets under an 'Even Years Curse' that sees them underperform bonds in even-numbered years but beat fixed-income returns in odd-numbered ones? After some number-crunching, Fidelity International's' director of asset allocation Trevor Greetham suspects so.
"It's not just hocus-pocus but to do with global inventory levels," he explained at a forum organised by the London-based investment house.
The National Association of Pension Funds isn’t quite as rambunctious as in the days of fat-cat bashing by Christine Farnish, but it still offers up intriguing glimpses into the lives and loves of the nation’s worker drones and retirees.
The latest survey (of 1,248 British full and part-time employees – for the record) makes very clear the priorities as people prepare for retirement, with full pockets winning a convincing victory over full hearts.