Multi-managers reveal favourite funds and asset classes of Q4

Research from Harrington Cooper

Natalie Kenway
clock • 2 min read

Multi-managers redeployed built-up cash positions into investment grade bonds, alternative UCITS products and US equities in the last three months of 2016, according to quarterly research carried out by distributor Harrington Cooper.

During an eventful quarter, which saw a strong equity rally following the victory of Donald Trump in the US Presidential Election, average cash positions on balanced model portfolios were reduced by 2.3% to 5.7%. Revealed: The new names and drop-outs from FE's 2017 Alpha Managers rebalance Instead, allocators increased holdings in investment grade bonds, alternative UCITS and US equities by 1.03%, 0.97% and 0.66% respectively. Harry Dickinson, managing partner at Harrington Cooper, said: "Professional investors increased equity allocations and put cash to work, as a market rally to...

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