ETFs: timing of investment decisions

How do you use ETFs in your portfolios? The way we run money has completely changed since I started at PSigma seven years ago. As well as having between eight and 16 asset classes in our portfolios, we provide different ways for our clients to get that exposure. There is still the more old fashioned approach of picking individual stocks, but we also manage client portfolios on a fund of funds basis – and that would include both ETFs and active funds. We may opt for an even greater reliance on ETFs, where all of a client’s developed world equity money is invested through ETFs.  The ...