Fund buyers keep faith in active management amid volatility

Maintaining portfolio weightings

Three-quarters of professional fund buyers continue to back active portfolio managers to outperform in 2019, with 83% of the group expecting greater volatility throughout the remainder of this year.

A Natixis survey, published on Monday (29 April), revealed volatility in equity markets to be a key concern of fund buyers, 78% of which still expect interest rates to increase this year, despite signals to the contrary. Is a US recession on the cards? The US Federal Reserve, among other central banks, has begun to progressive rate rises, but 58% of the 200 investors surveyed by Natixis identified hikes as the biggest portfolio risk in 2019. In addition, the Concerns and Expectations of Professional Fund Buyers for 2019 report found 63% of those surveyed expect this year to herald ...