Saltar al contenido principal

Market developments have made the ‘human factor’ indispensable for asset management

abril 18 2014

Fund Manager Dr. Jens Ehrhardt: Continental companies at historically low valuations.

At present, mathematically modelled performance plays a more secondary role within the financial and capital markets. Other factors are being pushed to the fore by political decision making, and this is having an impact: “Psychological factors can only be assessed subjectively. The human factor in the form of an active portfolio manager is thus gaining ever greater importance for the asset management industry”, says Furio Pietribiasi, Chairman of the Board of Directors of GAMAX Management AG. Dr. Jens Ehrhardt, CEO of DJE Kapital AG (DJE), sees a good time to get into equity markets, despite the ongoing battle against the European debt crisis. Continental companies are now at historically low valuations comparable to levels seen in the wake of the 2008 financial crisis, but on considerably sounder footing. Asian markets continue to offer the best long-term risk/return profile.