Morrell on a hybrid asset class with yield appeal

Guy Morrell is head of multi-manager at HSBC, part of a team that runs $18bn of assets worldwide, and also manages the £41m HSBC Open Global Property fund.

Here, he talks about investor sentiment towards the property market, which geographical market is offering the best value, and why multi-manager funds will see growing pressure on their fees in the future.  The HSBC Open Global Property fund features in Investment Week’s Consistent 50 list of outperforming funds over three years, taking into account volatility and gain/loss profile. Morningstar analyses this data to generate a consistency score based on a fund’s average decile ranking of quarterly performance periods rolling back on a month by month basis over three years. The prop...