Trevor Greetham, manager of Fidelity's Multi Asset Funds, explains how to convince your clients not to stuff their money under the mattress
Vanishingly low interest rates and volatile stock markets have tested the patience of many investors over the past few years. But stuffing money under the mattress is not a sensible option, with UK retail price inflation running at its highest level since the early 1990s. The best response to volatility is to keep long-term objectives firmly in mind and stay true to two simple principles a generation of investors may have forgotten over the long equity bull market of the 1980s and 1990s. First, to diversify across asset classes – with safe haven investments such as gilts and gold n...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes