Doug Brodie: Uncertainty knocks at our door once more

Managing expectations

clock • 4 min read

Periods of severe and sustained market turbulence are nothing new to Doug Brodie. As advisers navigate 2022's uncertainty, the Chancery Lane director says while 'there be dragons' in the markets sticking to your chosen strategy is all-important

Uncertainty knocks at our door once more. The events of 2000 when the dotcom fuelled markets tumbled and of 2007 when we were running £250m and the US mortgage market went into meltdown, has influenced investment strategy, it's why we do what we do. Our primary realisation was that our job is not to try to defy markets, that's a fool's errand, doomed to disappoint investors. From 30 years of speaking with clients we know that what people really want is confidence in returns - but the catch is that this requires realistic expectations. Truth be told, we can't tell you if there are going t...

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

Join

 

Already a Professional Adviser member?

Login

More on Investment Trusts

FCA and government lift investment trust cost disclosure requirements as they plan reforms

FCA and government lift investment trust cost disclosure requirements as they plan reforms

Legislation will be laid ‘as soon as possible’

Cristian Angeloni
clock 19 September 2024 • 2 min read
Investment trust sector rejoices 'seismic' changes to cost disclosure rules ending 'years of pain'

Investment trust sector rejoices 'seismic' changes to cost disclosure rules ending 'years of pain'

A year after first called for in parliament

Eve Maddock-Jones
clock 19 September 2024 • 4 min read
Witan merges with Alliance Trust to form £5bn investment trust

Witan merges with Alliance Trust to form £5bn investment trust

UK’s largest investment trust merger announced

Jenna Brown
clock 26 June 2024 • 1 min read