Communiqué
Against the current uncertain and volatile backdrop, de-risking remains much in demand making any movement out of growth assets extremely costly. This reality explains the focus of our lead article: 2012 themes – Crystal ball gazing. Here we note that funds increasingly recognise that derisking plans may amount to little more than strategies of hope. As a result investors need to:
- refocus on growth portfolios;
- recognise that the fetish for short-term liquidity may be inappropriate; and
- focus more on the intelligent mixing of betas and their dynamic management.
Other Articles
- Quantitative easing – The first lesson of economics is scarcity
We explain why the movement out of growth assets remains so costly and is likely to remain so for the foreseeable future.
- A model portfolio for fixed income
With an increased focus on de-risking, greater focus and sophistication is needed when constructing fixed income portfolios. This article provides greater clarity to the role and composition of return-seeking bonds.
- Absolute return funds – what’s in a name?
The term “Absolute Return” spans a diverse range of investment strategies covered by different investment industries. To help investors evaluate the universe more effectively, we split the universe into four sub-strategies dependent on the strategies used.
