Sensible investors can survive crises: Lonsec
Amid whispers of a crisis in the financial markets, Lonsec has suggested that while a crisis can have a severe impact on the markets, investors who avoid herd-like selling can often protect themselves.
Positively, the research house also said that for active and contrarian fund managers, the disruption surrounding crises could present opportunities. It warned, however, against trying to time the market.
Looking at the impact on financial markets of eight major political and market crises over the last 20 years, as shown in the chart below, the Dow Jones had rebounded by the 150-day mark of each of the events bar the Global Financial Crisis.
In many instances, it had even produced gains that exceeded the initial loss.
Recommended for you
Perpetual has seen AUM rise 6 per cent in the last quarter but the departure of a longstanding JOHCM fund manager led to outflows of $2.2 billion from his strategy.
Global fixed income fund Bentham Global Opportunities has been added to several major platforms, enabling it to be accessed more easily by financial advisers.
As ASIC chair Joe Longo pushes firms to prepare for the upcoming mandatory climate disclosure regime, what skills are necessary if firms are looking to expand their ESG teams?
First Sentier Investors has announced it will close four of its Australian investment teams amid a simplification of the business, with $14 billion expected to be returned to investors.