Natixis study finds 66% of fund selectors back aggressive portfolios to outperform in 2021

Global survey of 400 fund buyers

A global study of fund selectors conducted by Natixis Investment Managers found that two thirds of respondents expect aggressive portfolios to outperform defensive ones in 2021, despite the same proportion saying the global economy will fail to fully recovery from the coronavirus crisis this year.

The Global Survey of Fund Selectors, which collated the views of 400 fund buyers with combined assets of $12.7bn during November and December 2020, found that decision makers were positioning portfolios more aggressively to take advantage of a number of key trends. For example, 63% of respondents anticipate that value stocks will outperform growth, 61% said small caps will fare better than large caps, and 60% predict emerging markets will end the year ahead of developed counterparts. As a result, 55% said they will invest more in APAC stocks and 52% plan to increase allocations to eme...