Long-time proponent of risk targeted investments Rathbones' chief executive Mike Webb has said the method makes fund managers work harder for investors, and can help advisers stay on the right side of the Financial Conduct Authority (FCA).
Risk targeted funds' main aim is to only expose investors to a specified, and constant, amount of risk. This compares to risk rated, which assigns a risk number to a fund based on a ‘snapshot' of its...
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