By Manuel Arrivé and Alastair Sewell of Fitch Ratings Faster Industry Changes Ahead: Fitch Ratings’ view is that the European asset management industry is ripe for faster change and possibly disruption. As an industry that has historically been slow and reluctant to change, asset managers show varying degrees of willingness and ability to adapt but the status […] Read more »
Beta Component of Returns Hits Absolute Return Funds – Fitch
By Manuel Arrivé and Alastair Sewell of Fitch Ratings Returns Reveal Beta Exposures in Absolute Return Funds Absolute Return (AR) funds showed their poorest performance since 2008, with average 12-month rolling returns sinking to – 5.2%, principally as a result of poorly managed drawdowns. Only 11% of funds showed positive performance over 12 months […] Read more »