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 an increase in focus on UK All Companies sector funds information, which accounted for 19% of all downloads of information during the period.
This means the sector has replaced UK Equity Income as the dominant sector, suggesting IFAs are seeking capital growth only rather than a mix of capital growth and income generation.
Downloads of information on Global Emerging Markets funds have jumped to 2.4% of all downloads, up from 0.7% in the same period last year.
Downloads on Japan funds have doubled, while Europe ex-UK remains the most popular non-domestic sector, with 7.1% of downloads against 5.5% for the North America sector.IFAonline
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