The popularity of multi-asset funds doubled in the last year, with a third of advisers now saying they predominantly use this type of investment strategy with their clients, research from Aegon has found.
The provider found 18% of advisers had used multi-asset funds in 2016, growing to 36% in 2017. The research also found that the use of model portfolios had dropped simultaneously - from 41% in 2016 to 36% in 2017. However, Aegon said, the collective popularity of multi-asset and model portfolio funds still made up nearly three quarters (72%) of advisers' investment strategies. The remaining 28% of advisers surveyed, said they mainly used single-strategy funds (12%), stockpicking (9%) or discretionary fund managers (DFMs) (8%). Aegon surveyed 100 IFAs in March 2017 and compared this...
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