Despite stretched balance sheets and shrinking dividends, advisers following a blended strategy should be able to pick winners for their investors and tempt them away from cash holdings
There are many different names for funds providing capital growth and income from a portfolio of equities and bonds; managed distribution funds, cautious managed funds and mixed funds ranking among the most popular. Regardless of the label however, current conditions seem to support mixed strategies. The problem facing advisers recommending the ever popular balanced managed fund sector is really one of choice, or rather the lack of it. The funds on offer seek to reflect the average pension fund asset allocation for investors with a very long time horizon, hence a marked emphasis on equit...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes