Summary: Many new products designed to withstand market volatility outperformed base equity markets during the June downturn. Funds taking a modified stock picking approach fell less than their benchmarks, while one internally risk modified fund also outperformed. Multi asset products were the pick of the crop.
Key take-out: Sensible financial engineering can improve outcomes compared to more traditional methods, especially in uncertain times.
Key beneficiaries: General investors. Category: Strategy.