2015 good year for returns: Fullerton

THE year 2015 is shaping up to be a "good" year for returns, said Fullerton Fund Management chief executive Manraj Sekhon. But volatility is likely to persist, thanks to a perceived "lack of clarity" among central banks on the economic outlook.

"(2015) is a good time to make good returns for clients. . . We're paying attention to building what we refer to as 'ballast' to make sure portfolios are structured to manage volatility," he said.

That this is the year of more central bank action is clear. "But the implications of that are not fully understood or appreciated. It's a constant theme affecting us. The most notable aspect is that it's a reflection of how uncertain the environment is in terms of growth and the inflation or deflation dynamic," he said. Fullerton on Tuesday hosted a luncheon to present its outlook for 2015.