Investors rediscover an appetite for global themes

Optimism is returning to global economy say managers

As optimism about global economic recovery returns investors are looking at geographic diversification and long-term growth offered by global theme funds, fund managers say. Among the managers who have recently reviewed their offerings are Alliance Bernstein, Newton Investment Management and Pictet. The longer-term theme funds favour investment firms with a broad geographic reach and depth of research, as well as highly specialist niche managers, such as Veritas Asset Management. According to proponents of global theme funds, their advantages are primarily the unconstrained investing ...