If you saw a survey into poor cash return that said advisers state 71% of their client base could benefit financially from investing in property abroad, what would you think?
Being a healthy cynic, I would think: “What are they flogging?” And of course I would be right, because this survey was apparently conducted among a bunch of advisers at a presentation for investment in a golf club. And just not any old golf club, but one in Turkey. Of course clients want better returns than cash – that is stating the bleeding obvious, and anything that is not cash is an alternative to cash. I have always been under the impression the reason why anyone goes to an adviser for investment advice is they want an alternative to cash. Am I wrong? It is certainly why I have ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- 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
