View more on these topics

Adviser appetite for gold and absolute return wanes

Positive sentiment towards gold and absolute return funds has decreased since the summer, according to a survey conducted by Barings Asset Management.

The Barings’ Investment Barometer survey, carried out between October 3 and November 8, gathered 120 advisers responses about current economic outlook and their views of major asset classes. 

Favourability towards gold has decreased by 12 per cent since the last survey, conducted between June and July, from 71 per cent to 59  per cent.

Nearly 12 per cent fewer advisers are recommending clients increase exposure to absolute return funds since the last survey, 18 per cent of advisers compared to 30 per cent in the last survey. 

Bestinvest senior analyst Ben Seager-Scott says: “Over the summer, the biggest issue worrying investors was inflation. People thought growth was going to come down and so assets that need growth like equity looked less attractive than absolute return.”

He adds: “Since the sell-off in equity markets in the summer, people are looking at equities more than when they are more worried about inflation and growth prospects.”


Succession to start wealth arm with its first five acquisitions

Succession is setting up a national proposition in collaboration with the first five firms it is set to acquire outright. Succession Wealth Management will launch in the first quarter of 2012 subject to FSA approval and the firm will look to add more of the 40 partner firms it currently has stakes in. New firms […]

UK prime RMBS deteriorating, says Moody’s

The outlook for prime residential mortgage-backed securities in the UK is deteriorating, according to a report from Moody’s. The ratings agency says the outlook for UK prime RMBS remains stable but has deteriorated since its last forecast in July. It says it now expects UK economic growth to be considerably slower in 2012 and unemployment […]

Networks urged to scrap single-tie deals

Just Retirement is calling for networks to ditch planned single-tie annuity distribution deals with providers due to concerns that clients will not get the best deal. Director Steve Lowe says an increasing number of networks are in discussions with providers over possible single-tie arrangements as they look to boost their revenue ahead of the RDR. […]


Sipp shapes up

Buying another commercial property could be a strategy after buying your own workplace within a Sipp


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm