More than 80% of financial advisers believe the length of the current bull market has made their clients more complacent about risk, according to a survey by Natixis Investment Managers.
The survey, which questioned 2,775 financial advisers globally including 300 from the UK, found 82% said their clients were complacent about risk and 79% said clients did not recognise risk until it had already been realised. Some 40% of advisers in the UK specifically said their clients reacted emotionally to increased volatility, and 78% of advisers globally felt they had to act as a "voice of reason" during highly volatile periods. Darius McDermott: Make volatility work for you This rising volatility was cited as a threat to investment performance by 56% of advisers and 55% sa...
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