In recent times we have seen the emergence of low volatility and low beta equity funds, both Australian and international equity funds. The emergence of these funds is yet another product theme aimed squarely at the retiree market.
If “objective based” or “real return” funds are to have some longevity and not just be a flash in the pan, then how should they be used in a portfolio context, asks Zenith Investment Partners, Director, David Wright.
One of the current product, advice and portfolio construction trends is the emergence (or is it just relabelling?) of ‘real return’ funds and ‘objective-based investing’. The whole concept that objective or goals-based investing is new is, in itself, worrying. If we weren’t advising clients to invest with a clear objective previously, one questions what the industry was doing!
With a growing number of advisers asking; “What should I do with my clients’ defensive or fixed interest exposure?” Zenith Investment Partners’ David Wright takes a look at what fund managers are doing to ease adviser concerns.
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