Investors who go it alone will have to dedicate ten hours a week to managing their portfolio in order to beat inflation, according to one external asset manager.
Rob Noble-Warren, chief executive at Independence Wealth Management, said time is the biggest problem for investors, as even retail investors who are in a workplace pension need to devote "a couple of hours a week" to their asset allocation. "The markets take far more time and effort now compared to the 1980s and 1990s. "The DIY investor should put in ten hours a week to obtain performance above inflation, and even the retail investor - employee in a work pension - needs a couple of hours a week on their asset allocation," he said. Noble-Warren said he doubts the return for retail ...
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