One in six admit to poor understanding of investment risk - research

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 risk...