Rock repositions Architas funds on Europe hopes and Japan fears

Architas' Caspar Rock has repositioned his multi-asset range as he turns increasingly bullish about economic progress in Europe, but more concerned about Japan.

The CIO has reduced his long-term overweight to the US to roughly 8%-9% and increased his underweight to Japan to approximately 3%-4%, in relation to the group’s passive range. The changes apply to Architas’ Active and Blended fund ranges and weightings vary depending on each fund’s risk level. Rock (pictured), who oversees the group’s multi-asset active range, has reallocated the cash into Europe in the view progress has been made towards resolving the eurozone crisis. Although Rock remains cautious on Europe, he is “less gloomy than the consensus” and has moved overweight in the ...