Growing adviser confidence in market performance and increased consumer desire for long-term financial planning are expected to bring beta back into client portfolios in the coming years, a BlackRock survey has suggested.
The Global Investor Pulse Adviser survey found that 80% of UK advisers were optimistic about the three year market outlook, while more than a quarter planned to increase their clients' equity exposure in the coming years. The survey also found that a third of the 101 advisers surveyed in the UK thought their clients had become less risk-averse. However, a parallel survey among investors found that half claimed they were unwilling to take any risks with their money. BlackRock head of retail for Europe, Middle East and Africa Alex Hoctor-Duncan said the findings highlighted that cons...
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