Figures detailing the downloading of information on funds from ratings provider Forsyth-OBSR by IFAs suggest clients are looking for a higher exposure to risk.
The trend has brought about a divergence between what the overall market is doing in terms of a “flight to quality” and what IFAs are looking for on behalf of their clients, the provider says. ”Investors are looking for growth and are looking at riskier vehicles, particularly emerging markets, to achieve this goal,” says Dan Cheeseman, head of UK investments Forsyth Partners. In the period April to June this year, IFAs concentrated their downloads on “larger investment houses”, but the trend indicated growing attraction to smaller houses and boutiques, Forsyth-OBSR says. There was ...
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