Hamburg Summit launches with views on FM, EM, concentrated portfolios and financials
InvestmentEurope’s Pan-European Fund Selector Summit in Hamburg has started, with initial speakers presenting views on frontier and emerging markets, concentrated US and global equity portfolios, and views on the outlook for financial stocks.
AB, Aberdeen Asset Management, Polar Capital and RenAsset Management have been taking investors through key ideas and the thoughts of their portfolio managers.
Key points put forward have included:
- 24 of the 25 fastest growing countries are frontier markets
- Turkish equities are more attractively priced than Polish equities for emerging Europe investors
- Concentrated portfolios can produce better protection against downside than less concentrated actively managed portfolios, or indeed passive vehicles such as ETFs.
- The AQR will be critical for certain European financial stocks, although much of the repair work to balance sheets has already be put in place.
The event continues tomorrow with presentations from Allianz Global Investors, Amundi Asset Management, Artemis Fund Managers, Invesco, Kames Capital and M&G, before continuing through Friday with speakers representing Banor Capital, Goldman Sachs Asset Management, Ignis Asset Management, Jupiter Asset Management and Lord Abbett.
To follow all the latest updates as the conference is on, make sure to search for #FSSUMIT on Twitter, or follow @InvEurope.