Advisers are "bullish" about multi-asset and active strategies as 60% of them plan to steer more of their clients' money into multi-asset funds in the future, according to research by Seneca Investment Managers.
At the same time, just 1% of the 201 advisers surveyed by Seneca expected to reduce their allocation to multi-asset funds while two fifths (39%) of those expected their allocation to remain as it is. The investment and multi-asset firm also found more than one-fifth (22%) of advisers expected to allocate more than half of their clients' assets into actively managed strategies. The research also revealed a belief among advisers that active strategies perform better at the late stage of the business cycle, with active management being the most favoured by advisers at the current stage o...
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