Survey Reveals that more than One-Third of European Intermediaries and Institutional Investors Plan to Increase their Investment in Infrastructure

The Brazilian economy is in dire straits. However, if the government moves forward with fiscal austerity, the economic and political crisis can be overcome, thinks portfolio manager Daniela da Costa-Bulthuis. Crumbling political support could certainly still throw a spanner in the works though.

NET NEW ASSETS (NNA) during this month amounted to EUR 6.4 billion, nearly 20% above one-year average flows. Total Assets under Management are up 20% vs. the end of 2014, reaching EUR 436 billion, and include a significant market impact (+13.7%).

In fixed income, Malik Haddouk, Head of Balanced Management at CPR Asset Management and his team are focusing in the short term on exposure to long maturities (> 10 years), which are likely to get a boost from quantitative easing and weak inflation...

Performance drivers and risk factors are unstable parameters, at least in the short to mid-term. As a result, delivering returns over a relatively long horizon whilst avoiding transitory market shocks is no easy task for portfolio managers. While asset allocation is the main performance driver over long periods, it is also the hardest to achieve.