Tom Poulter: Target practices

Research undertaken by Invesco in September 2018 found well over half (56%) of advisers now use risk-targeted funds, which comprise a third of their assets under management. Given this significant interest from advisers, then, it is surprising the Investment Association's (IA) Volatility Managed sector was only launched in April 2017. At launch, according to IA numbers, the sector comprised 83 funds with combined assets under management of £19.3bn - swelling to 124 funds and £28.6bn of assets by the end of November last year. Nevertheless, a large number of ranges - managed by the likes ...