Macro Views
Macro Views | 13 Jul 17
Analysis: Are performance fees a fair deal?
Performance fees are often seen as a necessary evil. But the unambitious hurdle rates most funds employ mean fund managers also get rewarded for underwhelming performance. Is that fair?
Recession risk is on the rise – the key factors to watch
While markets could remain complacent and expensive for a long time, recession risk is rising, says asset manager Robeco. Fidelity is also increasingly cautious, expecting “the longest equity bull market since World War II” to end within 18 months.
UK fund managers fear dud deal on Brexit
Most UK fund managers fear the government has no idea what the asset management industry needs from Brexit to secure a good deal, according to research by consultancy MJ Hudson.
Investment | 29 Jun 17
ANALYSIS: Time for Carney to change the rate record
It turns out Mark Carney is a man for turning after all, and it’s about time the bank governor realised the time has come to change tack with the UK economy.
Macro Views | 28 Jun 17
Current global expansion may not last, says Newton’s Mulhern
The current steady expansion in the global economy may not last as central banks tighten policy around the world, says Brendan Mulhern, global strategist at Newton Investment Management, a BNY Mellon company.