Advisers may be causing their clients to lose out on market bounces by trying to time volatile markets during the coronavirus pandemic, data from adviser platform Nucleus suggests.
The fastest growing fund holdings on Nucleus in March were global government and public securities-backed fund Trojan X, Royal London Short Duration Gilts and Vanguard's short-term bond index. A number of other cash and bond funds completed the majority of the top 10 too. The FTSE 100 fell by 26% in early March, which led some investors to pull out of equities and into historically safe haven assets. The platform provider's data shows a switch to more equity-dominated funds in April. However, the FTSE 100 made it's biggest recovery of 16% between 23 and 26 March and the S&P 500's rec...
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