Fund managers: Our verdict on central bank performance

clock • 10 min read

As policymakers continue to send confused messages to the market, fund managers examine their remaining options and the possible impact for investors.

Didier Saint-Georges, managing director, Carmignac Gestion Exit strategies a priority Central Banks have NO correct course of action left. Pursuing exceptionally easy policies is problematic as it keeps encouraging further resource misallocation, asset bubbles, and social inequality, while its incapacity to deal with deflationary pressures is now established. Central banks cannot keep fueling future market instability much more. They also need to regain some room for manoeuvre to be able to ease at the next down-cycle. But, by the same token, withdrawal symptoms will already be br...

To continue reading this article...

Join Professional Adviser

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Investment

Georgina Taylor (pictured), took over as head of multi-asset at Invesco following the retirement of David Millar in March this year.

Invesco moves to simplify multi-asset range after review

Fund manager to close global targeted returns strategy

Valeria Martinez
clock 27 September 2023 • 2 min read
Partner Insight: Vanguard - what's the impact of ESG funds on a portfolio?

Partner Insight: Vanguard - what's the impact of ESG funds on a portfolio?

Andreas Zingg, Head of Multi-Asset Solutions, Vanguard Europe, explains why the risk and return characteristics are different for ESG building blocks – and how advisers can take this into account when constructing portfolios for clients with ESG preferences.

Newton IM's Euan Munro

Talking with… Newton IM's chief executive Euan Munro

The series continues as Richard Romer-Lee talks to Euan Munro

Richard Romer-Lee
clock 26 September 2023 • 5 min read