Pension funds continue to diversify their portfolios with nearly $1trn (€700m) allocated to alternatives last year, an increase of 16% compared with 2009, according to research by Towers Watson and the Financial Times.
European fund sales, excluding money market funds, halved to €13.2bn between April and May as cautious investors channelled money out of equity funds, according to figures from Lipper.
Investment managers are trying to expand into new regions while also struggling to work out which of their products are profitable, and this is against a backdrop of falling business confidence.
The World Gold Council (WGC) claims that investing in gold could benefit portfolios in a deflationary environment.
European countries undergoing austerity measures are more likely to suffer low consumer confidence which leads to poor equity returns, according to a report from Schroders.
The trustee of Survitec Group's pension scheme has chosen consultancy Mercer to manage its investments as the scheme reduces its risks and progresses to a fully funded position.
|  |
