Advisers could be 'locking in losses' for their clients during pandemic, platform data suggests

'Questions value of advice'

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Alan Smith: "What this suggests is advisers are every bit as guilty of a behaviour gap and moving funds around at the wrong time as private investors.”
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Alan Smith: "What this suggests is advisers are every bit as guilty of a behaviour gap and moving funds around at the wrong time as private investors.”

Advisers may be causing their clients to lose out on market bounces by trying to time volatile markets during the coronavirus pandemic, data from adviser platform Nucleus suggests.

The fastest growing fund holdings on Nucleus in March were global government and public securities-backed fund Trojan X, Royal London Short Duration Gilts and Vanguard's short-term bond index. A nu...

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