Nearly every adviser invests for their clients over a period of decades. So what happens when they can't see past the end of the year?
Investing in the UK’s largest companies used to be a pretty safe bet. You put your money in, be it into equities or managed funds, sat tight, and watched it grow. Consumers do not quite feel the same way anymore. The FTSE 100 is lower than ten years previously for the first time in its history. And that is beginning to impact how advisers deal with clients. “There is no three-year or five-year trend anymore,” said James Baxter, managing partner at Tideway Investment Partners. “If you look the markets, they have simply stopped going up to the right. The vast majority are soaring up and...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes