Risk profiling is a shared responsibility, says Guy Myles of Octopus Investments, but one which is integral to the investment process.
Risk profiling is integral to the investment process. It underpins decisions about making an investment, and plays an essential part in ensuring the suitability of investments for clients. Risk profiling has generally been the domain of advisers, but we now see investment managers becoming more involved, and rightly so. Indeed, we believe the subject is so important that there is a collective responsibility for managers and advisers to enhance and improve on the methods used across the industry. Offering investment advice can be risky, as advisers are open to compensation claims in th...
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