Advisers will stick with AIM and smaller company funds despite current global market uncertainty, research suggests.
A study conducted by Noble Fund Managers found more than a third of IFAs expect improved performance from the asset class in 2008. However, 40% of the 1,100 advisers surveyed said they were unsure about whether the market would improve or worsen, while 28% said they did not expect any progress. Paul Jourdan head of quoted investments at Noble and manager of its AIM Venture Capital Trust, says: “IFA opinion is divided over the outlook for smaller companies, which is understandable considering the current nervousness about stock markets in general. “Investing in smaller companies pays divi...
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