Alan Thein, co-manager of Legal & General's multi-manager fund range, explains why a multi-asset approach is the best way to navigate ongoing volatility.
The severity of the financial crash and recession of 2008 has left many scars – some are healing while some have yet to be tackled. This is not surprising considering the recovery from a financial credit boom and bust takes many years. With volatility unlikely to disappear anytime soon, as market participants continue to try and figure out just what are the new rules of the game, investors can no longer rely on a buy- and-hold strategy to deliver attractive long-term returns. Nor can they rely on the conventional wisdom that successful risk management means diversification of one’s po...
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