Horses for courses

bear market managers

Professional Adviser
clock

Many investors have grown accustomed to the bull run, but the past few weeks have been a crude reminder of what can happen if the markets take a turn for the worse. How do multi-managers adjust their portfolios for a bear market? asks Christopher Salih

The recent stock market upheaval has left a lot of advisers wishing there was another solution. Who wouldn't rather be without phonecalls from anxious clients worrying about their equity portfolios? Yet, equities can seem a necessary evil. You have to invest. Cash is boring, bonds are over-valued. The multi-manager that can find funds to produce returns in a bear market is a valuable commodity indeed. The investment compass has swung away from benchmark-focused investing. Managers have become accustomed to running vehicles with a more aggressive approach. And the past three years have bee...

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

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •