The traditional way of allocating assets has its problems, according to Matthew Eagan from Boston-based fixed income specialist Loomis Sayles.
Many investors are moving away from highly volatile equity markets and conventional bond strategies, which carry a significant amount of interest rate risk, because the traditional ways of allocating assets do not deliver to the end client.
During a recent trip to London, Eagan (pictured), who is portfolio manager of the firm’s Absolute Strategies Bond Fund, said IFAs and wealth managers expressed that they did not know which investments to allocate to in this new era of investment allocation.
He says: “Alternatives UCITS portfolios, like ours, create solutions. Investors want a fund with diversity, a portfolio that is liquid with no gates and...