The Lyxor Hedge Fund Index was up +1.3% in July. 8 out of 12
Lyxor Indices ended the month in positive territory, led by the Lyxor
CTA Long Term Index (+4.6%), the Lyxor Global Macro Index
(+2.6%), and the Lyxor Variable Bias Index (+2.3%).
The depreciation of the Chinese currency took many investors by surprise. And a surprise it was, although not necessarily a negative one, says Victoria Mio.
China's central bank has taken steps to devalue the renminbi. The initial direct impact on eurozone equities is fairly limited but certain sectors and companies have more pronounced exposure...
Robeco Group and RobecoSAM have announced that they have been awarded A+ scores by the United Nations-supported Principles for Responsible Investment (UN PRI) for their overarching approach to responsible investment.
Reference Portfolio stays at 80% growth, 20% fixed income; 5% allocation to New Zealand equities retained.