IFA clients seek absolute returns in current chaos

Gadd, of Cardiff IFA firm St Davids, says investors are seeking more exotic and previously unavailable offerings for constant performance. Aside from absolute return – Gadd says hedge funds, gold and agriculture are other areas currently hitting the right notes with clients. “Traditionally, cautiously-managed funds would comprise 50% shares, and 50% bonds, whereas aggressively-managed funds would include 90% of shares,” Gadd says. “Now, however, there is more than the traditional asset classes to invest in. There is total market coverage.” Gadd feels the absolute return approach, while...