A quarter (23%) of advised clients want to de-risk their portfolios because of political uncertainty, a survey by Time Investments has found.
The research, which quizzed 65 UK-based financial advisers, found three-quarters of the clients who wanted to de-risk their portfolios were minded to do so because of uncertainty surrounding Brexit. On the other hand, half (48%) attributed the desire for extra caution to stock market volatility and a third (33%) said geopolitical uncertainty was a motivator. As for the views of advisers, more than a third (38%) said low correlation is one of the most important aspects when de-risking a portfolio. With those views in mind, more than two-fifths (42%) were recommending cash as a safe h...
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