Chris Wyllie, CIO of Iveagh, sees the performance of emerging markets over the past year as the key source of disappointment against predictions that were made in early 2013.
A few words by US Federal Reserve chairman Ben Bernanke in May this year unleashed uncertainty, but what it really meant was the first phase in monetary tightening, according to Iveagh’s latest quarterly investment strategy view.
Chris Wyllie, chief executive officer at Iveagh, says that with investor psychology turning a corner and confidence increasing, it is a risky time not to be invested.
Iveagh, the UK asset management company, has removed the performance fee on its Wealth Fund.
Iveagh, the Guinness family office and fund manager based in the UK, which runs a range of portfolios for the retail market, said that the next ten days will be crucial if China is to avoid a slowdown.
Greece will have to exit the eurozone before equities find a floor to rally from, amid the biggest period of deleveraging in history, according to predictions from UK-based investment house Iveagh’s chief investment officer Chris Wyllie.
Last week’s volatility in financial markets prompted a series of allocation changes by managers trying to minimise their losses, while some funds were hit by the depressed environment. Here’s what happened.
Fund selectors will often insist they need to meet the manager, know the company and test the record. For managing partner Fraser McKenzie (pictured), that is not enough.