A safe haven

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Multi-manager can play a valuable role in retirement planning. Bernard Henshall outlines the benefits of adopting this approach

Prospective retirees looking for a safe place for their savings pot currently face a dilemma. On the one hand, the wild gyrations seen across stock markets in recent weeks have deterred many investors, as an examination of the latest IMA inflow report shows. On the other hand, while bonds and cash are the obvious choices for income seekers who don't want to risk their capital positive returns in the near future may be limited. Despite this, investors fleeing the turbulence in equity markets have sought the comparative safety of government bonds, with the result that yields have been driven ...

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