A class apart

Over the past five years no one asset class has consistently provided the 'best' home for investment capital. Yet many private clients and advisers believe that to achieve long-term growth in capital value a retirement portfolio simply needs to stick to investment in the world's stock markets. Perhaps if you take a 30 or 40 year view the balance of good or bad years in the markets will work in your favour. Along the way though the typical sharp falls seen in equity markets will be very uncomfortable. To understand the need for change it helps to look at the standard offering in the inve...