View more on these topics

ABN Amro gets its thinking cap on

ABN Amro Asset Management is getting into people&#39s heads with the introduction of the behavioural finance Japan fund.

The fund is a Luxemburg-based Sicav managed from Hong Kong, that is aimed at experienced investors looking to move into Japanese funds.

The behavioural finance Japan fund is denominated in Yen and will track the MSCI Japan index. It will operate by anticipating investors behaviour and attempt to benefit from this.

For example, investors can overreact to a fall in a company&#39s profits by selling shares even though the company is fundamentally strong. On the other side of the coin, sometimes investors are slow to react to a company’s improving position in the market. In both cases, the fund managers will attempt to anticipate this behaviour and either buy or sell as the circumstances demand.

This is the third behavioural fund that ABN Amro has introduced. The other two are the European behavioural finance fund and the Netherlands-based ratio invest fund. Its success will depend not just on its ability to out-guess the market but also on its ability to anticipate the behaviour of investors, which will make the fund risky.

According to Standard & Poor&#39s the ABN Amro European behavioural fund is ranked 148 out of 168 funds, based on £1,000 invested on a bid-to-bid basis with gross income reinvested over one year to May 21, 2001.


Millfield maps out strategy for expansion

Millfield Group is launching a new division, Millfield Associated Partnerships, as part of ambitious plans to grow the national IFA over three years. From June 1, Millfield says MAP will create a blueprint for the industry by letting the company expand through taking equity stakes in small IFA firms while avoiding the risks and costs […]

L&G threatens to withdraw FSAVC

Legal & General says it is considering withdrawing its FSAVC if the Government does not reinstate tax-free cash on the pension top-up vehicle. L&G could be the first of several life offices to shelve its plan as many believe FSAVCs do not have any place in the post-stakeholder market. It says unless the Government reintroduces […]

B C Asset Management – Property Income and Growth Fund

Tuesday, 29 May 2001.Type: Split-capital investment trust.Aim: Income and growth by investing in UK property, investment trusts, corporate bonds and equities.Minimum investment: Subject to negotiation with stockbroker.Place of registration: Guernsey.Investment split: UK property 75 per cent, investment trusts, corporate bond s and equities 25 per cent.Yield: 9 per cent.Isa link: Yes.Charges: None.Commission: None.Tel: 01202 201438. 

Collins Stewart fishes for blue chips

Collins Stewart has unveiled a split capital investment trust that invests in UK large-caps.The blue chip value and income fund is a Guernsey-based investment trust that consists of ordinary shares and zero-dividend preference shares with a redemption yield of 8.75 per cent a year. It has a planned life of six years and this will […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm