Chartwell: IFAs too reliant on UK equities

Davies pointed out that the UK equity income sector is currently having "a torrid time" and commended the use of funds in the "previously unloved" global equity sector. He said: "Too many investors' portfolios reflect outdated asset allocation models. An increased weighting to global equities, Asia Pacific and emerging markets should be considered along with other alternative assets." Hugo Shaw, business manager at Bestinvest, concurred: "Many (non-Bestinvest) investors have portfolios with either all exposure, or at least a heavy bias, to UK companies. There are many reasons for this, so...