Multi-asset managers: Our strategies as geopolitical risks spook investors

Multi-asset managers have revealed their strategies as tensions mount in Syria and policy issues resurface in the US.

Investors have sought safe havens in the past two weeks, fund flow data from Bank of America Merrill Lynch shows.  Equities and bonds saw $20bn outflows in just one week to 22 August, driven by the prospect of a slowdown in US QE. US equities were the hardest hit, posting their largest weekly outflow since June 2008.  Money market funds were the recipients of those flows, taking in $22bn. Concerns were compounded last week by the prospect of Western intervention in the Syria crisis, while politicians warned the US is nearing its debt ceiling once more. However, multi-asset manag...