Management

BNP Paribas Wealth Management has published its global economic outlook for 2015, highlighting ten main investment themes to enable its clients to direct their investments to growth themes.

Unlike cap-weighted indexes, smart beta strategies are not buy-and-hold: they require trading and rebalancing to maintain their respective exposures. This can have a surprising impact on long-term performance, and may also provide a cause for concern in the shorter term...

Can Beta Become Smarter? Nobel Prize-winning economist William Sharpe introduced the notions of “beta” and “alpha” decades ago. Put simply, Sharpe defined beta as a measure of a portfolio’s sensitivity relative to the market. Under this definition, it is difficult to fathom how beta can become “smarter.”

According to Paul Jackson, Paul Jackson, Managing Director and Head of Multi-Asset Research at Source IM, it is better to be vaguely right than exactly wrong. He underweights bonds - but not high yield, and overweights equities and real estate...

Credit Suisse has generated a list of 9 investment ideas for 2015, packaged in 4 broad themes designed to help you generate more value for your money: "developed equities take center stage", "pathways to yield", "the winners from lower commodity prices" and "growing value capture in the IT sector".