K2 AM restructures after severe hit to assets K2 Asset Management has undergone a significant restructuring process following a downturn in assets under management, which it says will help the firm stay solvent for the next decade. For more.

Pengana boosts healthcare weight to 60% Pengana has increased the weighting to healthcare in its High Conviction Equities fund as it is confident in the recovery of spending in the sector. For more.

Fixed income sectors outperform equities in Q1 Fixed income funds during the first quarter of the year offered greater potential for returns than equities, according to data. For more.

China ‘obvious winner’ from COVID-19 The world’s recovery from COVID-19 will be “slow and staggered” but China will be an obvious winner as the first country out of the crisis and is trying to reopen and ramp up activity, according to Natixis Investment Managers. For more.

Gold does not glitter during COVID-19 Gold has not generated the usual contrarian returns it does during market downturns, despite being in better shape than other commodities. For more.

Sustainable funds outperform ASX Every single Australian-domiciled ‘sustainable’ fund outperformed the ASX 200 over the three months to 31 March, 2020, putting the rest to theory that sustainable does not mean sacrificing returns. For more.

COVID-19 devastating for EM prospects The COVID-19 pandemic will deliver a devastating blow to emerging markets prospects as Fitch Ratings has already made 18 downgrades with regards to emerging markets sovereigns in 2020. For more.