Active asset allocation provides key to investment performance in 2005

Director and Head of Portfolio Management, GAM Hong Kong explains why actively managed allocations across a range of asset classes should not be abandoned.

Asia-based investors in private client investment strategies may be wishing that they had simply invested in their local stock market this year. Pacific stock markets have outperformed all other regions and asset classes in 2004 so far. The Hang Seng and the MSCI Asia Pacific ex-Japan indices are both posting returns of over 6% year-to-date, compared to a return of under 3% from the MSCI World Index and under 2% from the Citigroup World Government bond index. Hedge funds, one of the best-performing and fastest growing asset classes in recent years, are down -0.55% as measured by the HFR Equal Weighted Strategies index.

No one likes to see their investments...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222