IFAs are using asset allocation models too heavily reliant on UK equities and could potentially be locking their clients' money into underperforming portfolios, James Davies, investment research manager at Chartwell has asserted.
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...
Caring for children and elderly relatives
Similar to June 2007
Square Mile’s series of informal interviews
Fine reduced to £60,000
Two roles created