Multi-asset investing should be about achieving the best return for a client's tolerance rather than letting the "risk tail wag the dog", argues RLAM head of multi-asset Trevor Greetham in this video interview.
Talking to Professional Adviser editor Julian Marr in the above video, Greetham (pictured) dicusses how to go about configuring portfolios so they match different risk appetites. One of the benefits of multi-asset, he argues, is the ability to create a range of portfolios to suit different risk appetites through "quite marginal changes" in the proportions of "the riskier growth-seeking assets and store-of-value assets". Greetham continues: "This means you can design a range that goes from relatively low risk to quite high risk appetite funds - but in a graded way that means neighbour...
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