Proposed Changes to Your Portfolio:
Our Reeves Confidence Barometer, a major factor in our tactical asset allocation, remains negative. This means that we believe a fall in the world's equity markets to be more likely than a rise over the coming months.
Short Term Portfolio Changes.
As stated above, we are advising changes to the current asset allocation of our Short Term Investment Portfolio.
We are removing the holdings in UK equities due to the current uncertainty surrounding the UK and the Brexit outcome. We do not wish to hold equities in the short term portfolio currently as we would prefer less volatile funds that provide protected liquidity.
Those clients that are invested within our short term portfolio will be contacted via email very shortly.
Model Investment Portfolios.
We are not advising any changes to our model investment portfolios. We are happy with the current asset allocation and feel it reflects the current market conditions.
Comments from our recent investment meeting
Please view the performance of our model investment portfolios below in comparison to the FTSE Allshare (Year to Date)
We are happy with how our proactive portfolio management decisions have protected our client's assets in these uncertain times.
The information in this blog or any response to comments should not be regarded as final advice. Please remember that the value of your investment can go down as well as up, and may be worth less than you paid in. Information is based on our understanding at December 2018.