Lighthouse's Gadd: Why we value multi-asset funds in low growth world

Q&A

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Andy Gadd, head of research for Lighthouse Group, talks to Ruth Gillbe about tax avoidance, risk ratings, and investment opportunities in emerging markets.

Which asset classes are you favouring at the moment and why? We like the principle of multi-asset funds as a core holding, and they are appropriate provided you understand the difference between risk-rated and risk-profiled funds. Distribution Technology rates various multi-asset funds so the fund will always match a specific risk profile. However, the challenge is a fund’s risk rating may change in the future. In the 2000s we experienced a low growth, low inflation environment. For clients this was challenging, and for many it was solved by using multi-asset funds. Can you tel...

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