Are we entering a “returning to growth” phase for economies and markets? GAM fund managers tell their stories.

Dr Lars Jaeger, Investment Director at GAM Systematic, shares his views.

Returning to Growth

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ARP would not be severely affected in the event of, for example, a rough patch in the equity market; it is an independent asset class that does not rely on any particular event, environment or trajectory of economic growth.
Lars Jaeger

Lars Jaeger says ARP is not reliant on any particular event, environment or trajectory of economic growth.

Thursday, July 30, 2020

What does this mean for your asset class? 

Alternative risk premia (ARP) is an investment type, or an asset class, that does not depend on particular macroeconomic environments. It does not necessarily need a rising equity market or a certain type of environment in the credit or bond markets. It is a well-diversified strategy, and its underlying performance drivers depend on a variety of factors. We believe this is an advantage of ARP – in itself, it is diversified with respect to market environments. ARP would not be severely affected in the event of, for example, a rough patch in the equity market. On the other hand, it would not necessarily benefit if the equity market were to strongly rise. It is an independent asset class that does not rely on any particular event, environment or trajectory of economic growth.


Important legal information
The information in this document is given for information purposes only and does not qualify as investment advice. Opinions and assessments contained in this document may change and reflect the point of view of GAM in the current economic environment. No liability shall be accepted for the accuracy and completeness of the information. Past performance is no indicator for the current or future development. Reference to a specific security is not a recommendation to buy or sell that security.

Dr Lars Jaeger

Head of Alternative Risk Premia

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