This document presents a summary of our investment views. It explains our latest thinking on world markets and the most recent decisions we have made about what to buy and sell within your portfolio.
Please note that our views may change at any time.
Future proofing portfolios
After careful analysis we’ve decided to reduce our allocation to UK equities across portfolios because we believe that will deliver better risk-adjusted returns for clients.
This is a strategic decision and we plan to rebalance portfolios over at least four quarters, depending on market conditions. For a brief summary of our reasoning behind this change, please see the article on future-proofing in our Spring 2020 newsletter [1]. For a more detailed picture, please refer to our recent blog post [2].