Skandia's Ventre sounds warning on risk-rated solutions

According to the group's Shield portfolio manager John Ventre, there is a "fundamental difference" between risk-rated funds - which provide merely a "point-in-time" suitability assessment - and risk-targeted funds designed to manage volatility and risk on an ongoing basis. "There is a lot of movement with RDR for advisers to provide investment solutions for customers which meet their capacity for loss and capacity for taking risk," said Ventre. "For me there is a bit of a danger in picking something which is currently suitable for their capacity for loss and capacity for risk but migh...