Finding the right balance

fund manager selection

Professional Adviser
clock

James Hughes, portfolio manager at AXA Multi Manager, constructs a model portfolio for "Joe Bloggs", a cautious investor approaching 60-years-old

Before discussing the actual selection of managers for Joe Bloggs, I feel it is important to remember that anyone aged around 60 (I have assumed slightly under for the purpose of this article) should begin to see the asset allocation of their portfolio evolve over time to meet their needs at retirement. So, assuming Joe will retire at 65 and given his cautious nature (after all, real risk to Joe is actually losing money/capital and not necessarily chasing some obscure benchmark, whether it is positive or negative), I have put together a portfolio of managers that tend to be more benchmark-...

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

Join

 

Already a Professional Adviser member?

Login

More on Cautious Managed

FSA to probe 'rising' UK fund manager charges

The FSA is to look into charges levied by UK fund management groups after its head of investments policy queried why they had been rising in recent years.

clock 23 March 2012 •

In focus: OBSR examines Cautious Managed trio

OBSR's Marianne Weller and Diane Earnshaw examine three funds in the diverse Cautious Managed sector.

OBSR’s Marianne Weller and Diane Earnshaw
clock 18 August 2011 •

M&G multi-asset duo on finding opportunities

Juan Nevado & Tony Finding, co managers of the M&G Cautious Multi Asset fund, say investors should look beyond the headlines for buying opportunities.

Juan Nevado & Tony Finding
clock 30 June 2011 •