GLOBAL - Index funds are not the place to be during the current torrid climate, according to FX Concepts.
The US-based forex manager believes that the current bout of benchmark crushing will, typically, see active- and absolute return managers excel as well as manager “incompetence” outed. In the US, the decline of the dollar and equities continues to be compounded by the uncertainty of war, adds FX Concepts.
“This will aggravate the cyclical decline ahead.
“A financial accident centering on insurance companies, investment banks and other financial intermediates is likely before the bottom is seen.”
Standard Life has increased exposure to risk assets in three out of five funds in its Active Plus and Passive Plus workplace pension ranges.
Some 48% of employers are unaware of the services or help they offer to members of their defined contribution (DC) schemes, according to Aon.
Jupiter Asset Management's Abbie Llewellyn-Waters, manager of the Jupiter Global Sustainable Equity strategy, explains why firms need to integrate ESG into their business model