Retail investors are pulling out of property and UK equity funds in favour of global and Japanese equities following the UK’s vote to leave the EU last week.
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Retail investors are pulling out of property and UK equity funds in favour of global and Japanese equities following the UK’s vote to leave the EU last week.
Ireland and Luxembourg will be hit by falling levels of foreign direct investment (FDI) following the Brexit, fund manager Amundi has told clients.
Zurich-headquartered Vontobel Asset Management is to acquire Vescore – formerly known as Notenstein Asset Management and a subsidiary of Austrian bank Raiffeisen.
Low interest rates mean investors will find good equity returns but mainly in the less liquid areas of the stock market, Jim McCaughan, chief executive officer of Principal Global Investors, said at FundForum.
Aviva Investors started allocating to emerging market equities and debt in February through a multi-asset fund, one of the firm’s executives revealed.
The chairman of the European Fund and Asset Management Association (Efama) said changes to the packaged retail and insurance-based investment products regulation, known as Priips, are needed and its implementation should be delayed.
