One-sixth (17%) of investors reckon they have a poor understanding of the risk held in their investment portfolios, research from Scalable Capital has found.
By extrapolating the data to account for all 12 million investors in the UK, the investment manager suggests, two million investors consider themselves to have a sub-par understanding of their investment risks. The survey of 1,100 investors conducted in September by YouGov for Scalable Capital also found Millennials - those aged under 35 - were more likely to accept they have a poor understanding of the risk of loss, with one-fifth (22%) believing they lack the understanding of risks in their portfolios. "The wealth management industry has been very poor in the past at quantifying ri...
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