A study of active private investors by Cavendish Asset Management has found that younger investors b...
A study of active private investors by Cavendish Asset Management has found that younger investors believe that they take a low risk approach but rarely monitor their investments, construct small portfolios or directly hold equities, and rely on the advice of their friends. Despite 66% of investors under 30 believing that having a low-risk portfolio is essential, 52%of them make investment decisions based on advice or recommendations from friends, compared with just 24% of investors overall, the survey found.
Joined as head of strategy, multi asset, in June
Group income protection
Nine in 10 do not have income protection
Set to become part of Single Financial Guidance Body