Urbanisation, savings growth and digitalisation are positive drivers in Catella’s markets. Firms active in the property market are benefiting as global capital is increasingly allocated to investments in Europe. Increased pension savings are driving performance in the funds market, while regulations and digitalisation are improving transparency and thus conditions for firms that deliver successful management.
The property market
Investor interest in the property sector remained keen due to the low interest rate situation, opportunities for diversification and good returns at relatively low risk. Firms like Catella could advance their positioning in the sector by developing and launching new products and investment opportunities.
The investment funds market
Following the negative close to the stock market year in 2018, investor confidence in the market turned upwards in 2019, especially in the second half of the year. Many active managers had a challenging year with continued reallocation from traditional active products towards more passively managed products.