Article accessible here: http://citywireselector.com/news/mixed-assets-to-rule-in-2017-say-top-fund-selectors/a974739?re=43546&ea=373754&utm_source=BulkEmail_Global_Daily&utm_medium=BulkEmail_Global_Daily&utm_campaign=BulkEmail_Global_Daily
Leading fund selectors believe mixed assets are the most promising asset class, according to a survey at Citywire Paris 2016.
When quizzed on which asset class they believed to be most promising, 46% of international fund buyers and asset allocators said mixed assets had the most potential.
While 25% favoured Alternative Ucits, 21% preferred raw materials and 8% chose real estate. This comes as mixed assets topped the charts as the best-selling asset type of long-term funds with €4.6 billion of new money going into the asset class in October.
Responding to a question on which geographical area they would up exposure to in the next six months, 46% of investment professionals said they would be upping their exposure to Europe.
Meanwhile, 21% said they would up exposure to emerging market countries, 17% said they would up their North America exposure, while no investors voted to up their exposure to the UK.
Elsewhere, 33% of investment professionals said they would up their exposure to high yield bonds in the next six months, proving the hunt for yield is still ongoing.
This is while 25% of investors said they would up exposure to emerging market bonds, 17% would up corporate bonds, 13% convertible and government bonds, while no investors voted to up exposure to global bonds.