Chris Rush: The dangers of selecting funds on performance alone
October’s volatility exposed the long-term trends everyone is following
October’s volatility exposed the long-term trends everyone is following
Bruising market conditions have led some fund buyers to opt for strategic fixed income allocation
Platform’s net inflows drop 10% quarter on quarter, while DFM’s UK growth halves
Emerging market debt leads inflows at the specialist fund house
Advice firms could become more discriminatory in their wealth manager due diligence when the economic cycle shifts.
Standard Life Investment’s Global Absolute Return Strategy (Gars) has admitted prepping too early for the end of the cycle and vented about the level of media attention on its multi-billion pound outflows.
Thousands of people in drawdown are not adjusting their pension income levels to account for market volatility, leading to fears they could drain their retirement pots too quickly, research from Zurich has found.
Volatility is one of the key metrics we use to gauge a fund’s risk level, but what if you’re investing for income? A fund’s volatility is measured on a total return basis, so will not tell you how reliable it is in terms of both paying out and growing a steady dividend.
In April, Mark Carney cast doubt on a May rate rise, UK GDP grew at its most sluggish pace in over five years, US treasuries hit 3% and Russia faced US sanctions. So which funds had the toughest time navigating the month? Portfolio Adviser examines performance figures from FE.
Professional fund buyers are split on whether volatility represents a threat or an opportunity for portfolios.
Schroders is the latest manager to report a hit to total assets over the first quarter as fund groups cope with higher volatility.
Standard Life Investment’s mega Global Absolute Return Strategy has ended the first quarter in negative territory, failing to beat peers in the sector as volatility across global markets spiked.