Quilter urges clients to 'hold their nerve' during market tumbles

Investors miss out on big gains waiting for markets to recover

Jenna Brown
clock • 3 min read

As Covid-19 restrictions risk destabilising markets once more, Quilter is warning investors that moving to cash in times of crisis can often have a devastating impact on portfolios.

Research from Quilter shows that shares would need to recover by at least 10% for most people to start investing again following the stock market crash earlier this year. The survey of more than 2,000 UK adults found that out of those that sold their investments and moved into cash during the pandemic, 55% said they would want stock markets to recover by at least 10% before reinvesting, while 23% they would wait until markets had returned to pre-crisis levels. Danny Knight, investment expert at Quilter, said that during a crisis sometimes the best strategy is to do nothing. "Even w...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Future of Investment Festival: Our specialist sessions for advisers

Future of Investment Festival: Our specialist sessions for advisers

Future-proofing advice, building sustainable portfolios, all things SDR

Professional Adviser
clock 19 April 2024 • 2 min read
Why non-transparent managers are behind most failed acquisitions

Why non-transparent managers are behind most failed acquisitions

‘They don’t understand the importance of culture and cohesion’

Rami Cassis
clock 12 April 2024 • 3 min read
Partner Insight: Understanding the investment universe

Partner Insight: Understanding the investment universe

Invesco
clock 12 April 2024 • 6 min read