Justin Onuekwusi, part of LGIM's multi-asset team, which manages the Multi-Index and Mixed Investment funds, has become more bullish on risk assets despite many multi-managers across the industry slashing risk within their ranges.
Earlier this month, Harrington Cooper's Proprietary Asset Allocation Tracker revealed some managers had cut their equity and fixed income exposure in their balanced risk and income-focused multi-manager funds during a particularly volatile Q4 2018. However, Onuekwusi said that he and the team have started to increase risk "right across the board after becoming more optimistic". "Throughout Q4 we were neutral on riskand equities, but more recently we have decided to move the dial up in terms of risk assets," he said. "We won't do this in a blasé way or put our foot down on the acce...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
