Multi-asset investing reduces risk

Managers Aidan Kearney and Phil Collins comment on the current state of returns and provide their projections for the market looking forward

This week's Conjecture debate focuses on multi-asset investing. Taking part are Aidan Kearney (AK), co-head of Credit Suisse Asset Management's UK multi-manager team, and Philip Collins (PC), manager of the Newton Phoenix Multi-Asset Fund. How have your portfolios fared during the volatile summer? AK: We expected the market to come off a bit in the summer, which was not really a rocket-science decision. Following February's setback, the market recovery was pretty quick. Around May, we looked to de-risk the portfolios, building up a little bit of cash, changing some of the investment styl...