Chatfeild-Roberts: QE has worked for many investors

Concerns about US rate rise impact on EMs

Anna Fedorova
clock

John Chatfeild-Roberts, head of the Jupiter Independent Funds Team, has defended quantitative easing and its ability to boost investors' returns, despite a deflationary threat from this "unconventional experiment".

"It is easier to say the world is coming to an end, but QE has worked for many investors," the manager (pictured) of Jupiter's Merlin fund range said. "QE is unconventional and an experiment, but we are not predicting the removal of QE." However, he said QE has created deflationary pressures, as low rates have meant savers do not have enough income to spend on goods and services. "Low rates mostly have deflationary effects on cash savings, and a depressing effect on bank profits, while company liability in capital terms increases exponentially," he said. In terms of the investment ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Managed funds

Quilter WealthSelect exits impact EM fund following exclusion breach investigation

Quilter WealthSelect exits impact EM fund following exclusion breach investigation

Part of the portfolio’s sustainable range

Valeria Martinez
clock 04 October 2023 • 3 min read
Partner Insight: Is volatility an advantage for active managers?

Partner Insight: Is volatility an advantage for active managers?

Given their mandate to pick the winners, market volatility is often said to be favourable for actively managed funds. But is this actually the case?

Stephen Lawrence, Head of Indexing Research, Investment Strategy Group, Vanguard
clock 14 August 2023 • 10 min read
iM Global Partner launches managed futures fund to European market

iM Global Partner launches managed futures fund to European market

Portfolio of liquid futures contracts

Elliot Gulliver-Needham
clock 23 February 2023 • 1 min read
Trustpilot