LGIM's Onuekwusi 'dials up' risk in multi-asset range

Bullish on risk assets

Justin Onuekwusi, part of LGIM's multi-asset team, which manages the Multi-Index and Mixed Investment funds, has become more bullish on risk assets despite many multi-managers across the industry slashing risk within their ranges.

Earlier this month, Harrington Cooper's Proprietary Asset Allocation Tracker revealed some managers had cut their equity and fixed income exposure in their balanced risk and income-focused multi-manager funds during a particularly volatile Q4 2018. However, Onuekwusi said that he and the team have started to increase risk "right across the board after becoming more optimistic".  "Throughout Q4 we were neutral on riskand equities, but more recently we have decided to move the dial up in terms of risk assets," he said. "We won't do this in a blasé way or put our foot down on the acce...