Wealth Manager - the site for professional investment managers

Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

Canada Life's CIO on why the Faangs could bite

Canada Life Investment's chief investment officer David Marchant  fears being bitten by the Faang (Facebook, Apple, Amazon, Netflix and Google) stocks. 

Although being underweight has been a relative drag on performance, he warns that there is 'a lot of hope' factored into their valuations.

Marchant also elaborates on his concerns about the unwinding of quantitative easing (QE) longer-term and why his fund is defensively positioned.

Marchant's Mixed Assets Conservative fund has risen 19.5% over the last three years to July, compared to the peers group average return of 12.4%. 

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play CEO Tapes: dangerous data and great technology

CEO Tapes: dangerous data and great technology

In the third part of our latest series the debate turns to technology and the huge impact it is having on the fund management industry.

1 Comment Play Quilter CEO on IFAs, robos & his own DB transfer

Quilter CEO on IFAs, robos & his own DB transfer

In the final part of our interview with Paul Feeney, the Quilter chief executive declares that the government has 'left the ring' on savings policy, rounds on robo-advice, and reveals his own experience of the DB transfer market.

Play CEO Tapes: ESG - we need to get better at the 'G'

CEO Tapes: ESG - we need to get better at the 'G'

In the second part of our CEO series, we explore the burgeoning ESG concept with fund bosses outlining how they try to make a difference.

Read More
Wealth Manager on Twitter