A new paradigm: Fund managers give their outlooks for a 'challenging' 2017

Hardeep  Tawakley
clock • 11 min read

From tackling 'Trump-enomics' and a rise in inflation, to ditching bond proxies and anticipating further political uncertainty, managers from Investment Week's November Funds to Watch conference share their views on how they are adjusting their strategies for 2017.

Michael Leithead, senior portfolio manager, New Capital Wealthy Nations Bond, EFG AM Wary of event risk Next year is set to be another challenging year for fixed income investors to navigate. While the fiscal dimension of 'Trump-enomics' presents a new enigma for bond markets, global economies continue to face headwinds from excess leverage and limited fiscal flexibility. Treasury yields remain the global benchmark and the substantial repricing post-US election have left downside risks more balanced. We see 2017 as another year of potential event risk, with elections in Europe rep...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Markets

How big an impact could global elections have on portfolio allocation in 2024?

How big an impact could global elections have on portfolio allocation in 2024?

US, UK and India main focuses

Investment Week
clock 19 February 2024 • 8 min read
Hotter than expected US inflation tempers Fed rate cut expectations

Hotter than expected US inflation tempers Fed rate cut expectations

Annual price growth falls to 3.1%

clock 13 February 2024 • 1 min read
Investors turn defensive in January as rate cut expectations change

Investors turn defensive in January as rate cut expectations change

State Street Risk Appetite index

clock 08 February 2024 • 1 min read
Trustpilot