It would be helpful to advisers and their clients if funds and model portfolios had some sort of common risk-grading system. But as gbi2 managing director Graham Bentley points out, we are currently a long way from that being the case.
What do you call your model portfolios? Do you use subjective human behaviours such as 'cautious', 'balanced', 'aggressive'… 'psychopathic'? Or do you prefer a zoomorphic approach, perhaps using degrees...
Japanese stocks have more than doubled their returns since December 2012, on the back of Abenomics, but many investors are still not convinced of the sustainability of the rally.
Shares up 15% on Friday