GLOBAL - The current turmoil in financial markets should generate attractive opportunities for good investment managers, according to industry experts.
Nicholas Bence-Trower, client director in UK Institutional at Schroders, said: “There is an awful lot of opportunity out there if you do your homework you can pick up a solid AAA inventory.”
Meanwhile, Russell Investment Group, said investors who have backed quantitative fund managers should be patient with any recent performance volatility, and continue to "stay the course".
Andrew Pease, chief investment strategist at Russell said: “Global equity markets did not appear overvalued prior to the sub-prime panic and this should provide the foundation for an eventual sustained market recovery."
Neil Veitch, a fund manager at SVM, said hurdle rates would increase but private equity was not about to disappear, and deals would continue to be completed. In his view, corporate balance sheets were strong and with a recovery in confidence trade buyers would remain active.
Veitch added: “Investors should remember the old adage, bull markets do not of die old age. Whilst there is no denying that these liquidity events are frightening, they do not indicate that the current cycle is ending.”
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Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point