The second quarter brought a spike of investor interest in REITs – quicker to crash than private real estate, due to the inevitable lag in illiquid asset write-downs, but with a history of strong post-crisis recovery.
Recent bfinance reports highlight the extent to which style factors have driven equity returns through the COVID-19 crisis, with value materially underperforming at one end and quality delivering a high degree of protection at the other.
With large volumes of BBB credits either undergoing or set to undergo downgrades which knock them off the investment grade plinth, many investment grade bond managers are expecting “fallen angels” to be the main driver of performance through this downturn.
Lees meer: Will “Fallen Angels” Reveal Fixed Income’s Saints and Sinners?
On April 22nd, more than 300 investors around the globe joined the bfinance research team (virtually) for a session dissecting manager performance through the crisis so far.
Lees meer: How Are Asset Managers Performing? Q1 Review – Key Takeaways
Institutions have increasingly turned to multi-asset strategies – now a diverse menu – for the promise of diversification and a more “all-weather” return profile.
Lees meer: Are Multi Asset Strategies Delivering for Investors?
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