Banks see need to counter cyclicality in fund investing

Private banks and fund houses need to work together to counter a cyclicality that has crept into mutual fund investing, panelists agreed at an AsianInvestor debate. Marc Lansonneur, regional head of investment and market solutions for Societe Generale, noted that tactical Asian clients had started to look more at fund investing this year amid a lack of volatility in foreign exchange markets and some asset classes. “Fixed income, equity and multi-asset funds have all been doing w…