Milan Forum attracts local industry leaders
The InvestmentEurope Fund Selector Forum took place at the Four Seasons Hotel in Milan on 5 November, the one day event brought together more than 40 Italian fund selectors and seven leading fund management groups.
Speakers included Alliance Bernstein’s Jeremy Cunningham, who highlighted the importance of flexibility and exertise in order to make the right decisions in today’s increasingly complex fixed income sector.
Eurizon Capital’s Paolo Bernardelli pointed to unconstrained absolute return approaches as opportunity to tackle low yields. Stephen Thariyan of Henderson Global Investors discussed attractive investment opportunities in the European credit landscape.
Meanwhile, Investec Asset Management’s Bradley George outlined active management strategies in natural resources with a focus on long term demand trends. Legg Mason’s Amanda Stitt argued that in a rising rate environment, attack might constitute the best defence, presenting the firms high conviction unconstrained bond strategy as a possible response.
Neuberger Berman’s Ugo Lancioni argued that a fundamentally-driven investment process backed by a suite of quantitative tools to combine multiple alpha sources could be the best strategy to deliver alpha.
Old Mutual Global Investors’ Christine Johnson said that investors could reduce risk in the high yield secotr by combining yielding instruments which have some equity-like characteristics, with capital values improving as economic recovery boosts creditworthiness.
The Milan Forum is rounded up with the InvestmentEurope Fund Manager of the Year awards, the results are available here.