Fund managers predict 2015 growth for emerging markets

Emerging markets sign1Fund managers expect emerging markets to be a key growth area for clients in 2015, according to a poll at a conference with over 120 managers present. The poll, taken at Aon Hewitt's Fund Manager Conference, also found that credit is expected to be the worst performer. The top performers predicted with, in descending order, scores ranging from 9.2% to 21% were: emerging market equities; US equities; global equities; and multi-asset. Almost half of the fund managers (47%) expected that investment-grade and high-yield credit would deliver the weakest returns during 2015. This asset class is seeing tighter credit spreads and low gilt yields. Lennox Hartman, global head of fixed income strategies at Aon Hewitt, says: "With an increasingly uncertain outlook for global markets and a persistently low UK base rate constraining gilt yields, the clear message from the fund managers attending this year's conference is that to outperform long-term liabilities, institutional investors will need to look beyond domestic assets for positive returns in 2015." The poll also showed that fund managers believe that institutional clients will increase allocations to alternative assets including infrastructure, private equity, hedge funds and multi-asset. ©2014 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.