Old Mutual Global Investors recently held its annual client’s conference at the Taj Boston Hotel. The meeting was attended by more than 60 clients from around the world who were able to hear about the management ideas, which the company is developing for each of its different strategies.
During the first session, five of the top OMGI fund managers from London, Hong Kong, and Edinburgh, explained their views on the market’s most important current issues. Therefore, the rate hike by the Fed and its impact on assets, volatility, problems in China, the profitability of global fixed income, and energy prices were some of the issues on the table in the first panel.
“We met here in Boston a year ago to discuss how we saw the end of the year and what are our prospects were for 2015. Today, we can say that the predictions we made then have been met only in part, and that in 2016 we are going to continue to see a high level of uncertainty as to what the world holds in store for asset managers,” said Chris Stapleton, head of distribution for the Americas Offshore market.
Christine Johnson, Head of Fixed Income, Josh Crabb, Head of Asian Equities, Ross Oxley, Head of Absolute Return strategies, Justin Wells, Global Equities Investment Director, and Lee Freeman-Shor, fund manager and author of the book “The Art of Execution: How the world's best investors get it wrong and still make millions in the markets”, reviewed the movements carried out in their portfolios in order to adapt the portfolio to the current environment.
“Each team and each strategy has its own vision, and I think this is the key to our success, and reflects the talents of our portfolio managers. If you follow the path marked by a CIO it would be much more difficult to reach the levels of profitability that our funds currently offer,” explained Allan MacLeod, Head of International Distribution.