Redefining risk from a multi-asset perspective - Pictet

The multi-asset senior investment manager pointed out it can be every bit as dangerous to be too risk-averse and miss out on potential returns for a sustainable retirement income as it is to invest higher up the risk scale in search of growth opportunities. "Advisers have commented that a lot of managers in the targeted or absolute return space have been too cautious and haven't been able to generate returns," said Ramjee (pictured). "It is important to realise investment is not just about defending client income but also about growing it - especially as people are living longer and t...