PA360 North: Why advisers should consider defined return funds

‘No free lunch’ in carving out predictability in portfolios

Jenna Brown
clock • 3 min read

Predicting the future of investment returns is a “largely fruitless exercise” for advisers but utilising defined return products could give clients more stability, delegates heard.

Albemarle Street Partners managing director Charlie Parker said there was "no free lunch" when trying to build greater predictability into client outcomes. "If you want to build in greater predictability to client outcomes there is no free lunch," he told delegates at PA 360 North on 4 October. "It involves giving up some upside, controlling our expectations but it can be done. If you stick to the rules, we can unlock the ability to plan more accurately and more accurate plans lead to happier clients. "If we know that our brains are these crackers things that make bad predictions a...

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

Party politics: Why investors should celebrate AIM's 30th birthday, even if the government won't

Party politics: Why investors should celebrate AIM's 30th birthday, even if the government won't

AIM has helped 4,000 businesses raise £135bn since launch

Eustace Santa Barbara
clock 19 June 2025 • 4 min read
AIM at 30: Why advisers should take a fresh look at the UK's junior market

AIM at 30: Why advisers should take a fresh look at the UK's junior market

'We see AIM as a jewel in the crown with long-term appeal for the right clients'

Oliver Brown
clock 17 June 2025 • 4 min read
Taking the rough with the smooth: How to navigate global market volatility

Taking the rough with the smooth: How to navigate global market volatility

'Like investing, smoothing isn't one-size-fits-all'

James Tothill
clock 13 June 2025 • 4 min read