Recognising a gap in its product suite, the firm is building a packaged solutions business combining internal expertise, most likely centralised in London.
Tag : multi-asset
The choice of multi-asset income products available in Hong Kong has further expanded, after inflows into such strategies grew 600% year-on-year in early 2013.
Bill McNabb, global CEO of $2.2 trillion Vanguard, says tactical elements in multi-asset products “make me nervous”.
The bank looks likely to adjust weightings within its managed solutions portfolio on the understanding that people need to think more about equities to improve total return.
The firm is marketing a remodelled Asia ex-Japan multi-asset income fund largely for retail investors that allocates dynamically between equities and bonds.
