Aviva Investors' Samouilhan reduces euro hedges on multi-asset range

Multi-asset

Aviva Investors' Nick Samouilhan explains why central bank easing has led the multi-asset team to make a number of currency changes to the portfolios.

The European Central Bank's decision to finally embark on fully-fledged ‘quantitative easing' electrified financial markets in January, propelling a number of equity indices to record highs and pushing many government bond yields to new lows. The ECB is far from alone. On 17 February, Indonesia's central bank became the 18th bank to ease policy this year as policymakers around the world look to take advantage of tumbling inflation - itself largely a result of last year's plunge in oil prices - to bolster economic growth. With global inflation set to fall further in the coming months, ...