Advisers told 'don't be UK-centric' for top returns

JPMorgan global strategist Tom Elliot says many IFAs are hesitant about looking abroad, mainly due to the struggle to convince clients of the merits of investing outside the UK. “Advisers have an uphill battle persuading clients on global investing,” Elliot says. “There is still that perception of too much risk.” However, he believes advisers who ignore global markets are ultimately ignoring the major growth opportunities particularly in Asia. JPMorgan Asset Management’s new Guide to the Markets booklet shows in the year to 30 September, the Asia ex Japan region has returned 33.9%, comp...