Morgan Stanley’s financial equity research anticipates AuM of multi-asset funds will grow to $6 trillion by 2018. Andrew Sheets and his team at Morgan Stanley said in their research report dated Aug. 5, 2014 that notes flows are shifting into strategies with the ability to move across asset classes.
Three pillars of cross-asset investing
According to the Morgan Stanley analysts, cross-asset investing can be analyzed in three ways: (a) identifying disconnects between markets can provide important signals, (b) flexibility is valuable in a world where opportunities have been uneven and (c) a broader approach should make it easier to address end-investors more focused on risk-adjusted outcomes.
The analysts point out that by weaving together all the above, the assets under management of multi-asset /...

