Simon Evan-Cook: Why cash is now 'kill or cure'

Double-edged sword

clock • 4 min read

If any of your clients still think it is possible to enjoy decent real returns without any risk of drawdown, Simon Evan-Cook has just the prescription for them - a dose of reality

One sub-sector of the population is in a bit of a pickle. What unites them is a shared need for high investment returns, combined with an unwillingness to risk any kind of drawdown. Unfortunately, that sub-sector is a big one. In fact, I reckon it is about the same size as the group that faces a similar conundrum - those who would really like to eat more cake and do less exercise, but do not fancy being overweight. This problem is particularly acute at the moment - the returns one, not the cake version, which is fairly constant. It is acute because markets do not offer much of a middl...

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

PA360: It is 'impossible' to pick out the best asset class every year

PA360: It is 'impossible' to pick out the best asset class every year

‘The outsourced route is one that a lot of advisers are now taking’

Hope Coumbe
clock 26 April 2024 • 2 min read
PA360: Framing of information to investors 'extremely pervasive'

PA360: Framing of information to investors 'extremely pervasive'

Consumer Duty states consumer biases must not be exploited

Jenna Brown
clock 25 April 2024 • 1 min read
Schroders chief executive Peter Harrison to retire in 2025

Schroders chief executive Peter Harrison to retire in 2025

Harrison began his career at Schroders as a graduate in 1988

Cristian Angeloni
clock 24 April 2024 • 2 min read