As investors grow more wary of emerging markets, opportunities are opening up in the distressed debt sector of the space, according to the manager of the Stenham Credit Opportunities Fund. Tim Beck tells Fundweb he currently sees value in structured credit and is hoping to profit from the high-yield sector. Continue reading “Stenham’s Beck: My three big credit calls”

Financial News’s fifth annual 40 Under 40 Rising Stars in Asset Management recognises those who have successfully weathered recent market storms, including Ardevora’s Ben Fitchew and Hermes’ Martin Todd. Continue reading “Meet the Rising Stars in Asset Management 2015”

Emerging market equity investing just a decade ago largely consisted of trying to exploit GDP growth across the universe and hoping this translated into company earnings. But this time has well and truly passed, Nordea’s Jorry Rask Nøddekær tells Fundweb. Continue reading “Nordea: Not all emerging markets are created equal”

When yields were generally falling and spreads tightening, investors could afford to ignore the increasingly positive correlation between core government bonds and credit markets. Today, Jon Jonsson tells Portfolio Institutional, that would be misguided. Continue reading “Bonds: correlation tribulation”

Retirement saving should be easy, attractive, social and timely – but at the moment it is not, writes Redington’s Keir MacDonald. Here he explains to Professional Pensions how “gamification” – the intersection of gaming and technology – can be used to make complex pensions material more engaging and capture young peoples’ perspective on saving. Continue reading “Is gamification the way forward for pensions?”

Hermes’ Gary Greenberg successfully trimmed Chinese equity exposure ahead of the market crash and is now looking toward long-term emerging market positions. The AAA-rated manager tells Citywire Global why e-commerce is a promising sector in China and how reforms in India are creating opportunities in the country’s manufacturing sector. Continue reading “Go online for opportunities in China, says EM equity chief”

With trustees are at the heart of UK pension funds, IPE asks whether they need to get better at what they do. Conrad Holmboe, senior vice-president of investment consulting at Redington, suggests the trend towards professional trustees is a positive one – but that the onus is also on scheme consultants to help improve standards in governance. Continue reading “UK Pensions Governance: The head and the heart”

Citywire AAA-rated David Eiswert has trimmed back his global equity fund to the leanest number of stocks he has ever held, pointing to several macro trends as the rationale for dropping his exposure. The T. Rowe Price manager reveals to Citywire Global that has dropped from 75 positions in April to 68 as of the end of July – a figure that stands to decrease even further. Continue reading “Global equity star: why I’m owning fewer names than ever”

Pension advisers have reported a rise in enquiries from investors concerned about how the recent market volatility could affect their retirement savings, reports The Financial Times. Patrick O’Sullivan, investment consultant at Redington, explains wealth management providers should have been protecting clients from exactly this kind of volatility and many would have been working with them to assess the correct levels of income that should be drawn down from a plan. Continue reading “Black Monday prompts rise in calls to pensions helplines”

China has looked very risky in recent months, with volatility and government counteraction casting doubts on China’s ability to liberalise markets. But from a bottom-up perspective, Hermes’ Global Emerging Markets Fund manager Gary Greenberg is finding compelling opportunities. Here, he tells Investment Europe why there is still plenty of scope for stock picking in the region. Continue reading “Remaining bullish on China”