Fear of debt crisis haunts professionals

Worried_man_410Eurozone debt and the prospect of a second banking crisis are the top concerns for investment professionals. The Barings Investment Barometer survey, which explores intermediaries’ attitudes towards the current economic outlook and their views of major asset classes, found that over three-quarters (78%) cite the Eurozone crisis as the biggest global macroeconomic challenge facing investors. At the beginning of the year only 51% saw the debt crisis as a major challenge. The prospect of a second banking crisis has also become a prominent cause of concern for investment professionals with two in five (41%) citing this as one of the biggest global challenges of the next six months, a significant increase from 15% who cited it as a concern in the last survey.  The ability of over-leveraged economies to reduce their debt is also of greater concern, with 74% citing it as a major challenge to investment growth compared with 65% in the previous quarter. The survey also found that nine out of ten professionals were looking to reallocate cash investments to combat inflation, and that fixed income was returning to favour. Also, emerging markets were the most popular asset class for those advising on asset allocation. ©2011 funds europe

Executive Interviews

INTERVIEW: Put your money where your mouth is

Jun 10, 2016

At Kempen Capital Management, they believe portfolio managers should invest in their own funds. David Stevenson talks to Lars Dijkstra, CIO of the €42 billion manager.

EXECUTIVE INTERVIEW: ‘Volatility is the name of the game’

May 13, 2016

Axa Investment Managers chief executive officer, Andrea Rossi, talks to David Stevenson about bringing all his firm’s subsidiaries under one name and the opportunities that a difficult market...


ROUNDTABLE: Beyond the hype

Oct 13, 2016

The use of smart beta investing continues to grow. Our panel, made up of both providers and users, discusses what the strategy actually means, how it should be used and the kind of pitfalls that may arise when using this innovative investment technique.

MIFID II ROUNDTABLE: Following the direction of travel

Sep 07, 2016

Fund management firms Aberdeen and HSBC Global meet with specialist providers to speak about how the industry is evolving towards MiFID II.