Firstly, it’s not just you. Unfortunately, Western markets have been difficult for fund managers to generate growth in recent times. This isn’t just your pot, your fund manager, your strategy; it’s pretty widespread.
Years like this happen, and while we continue to monitor and manage our client portfolios, we certainly don’t look to make unnecessary changes or put in place a higher risk strategy just for the sake of looking like we’re doing something for our clients. The investment strategies we work with are long-term, and our clients who have been with us for many years have seen growth in previous years which brings much more peace of mind, however new investors are understandably a little concerned.
No-one likes to pay fees for a plan which doesn’t seem to be hurdling the costs, but are happy to pay in years of 2-figure growth percentages! It’s our opinion that we shouldn’t run to cash, while ‘free’ cash holdings give little, if any, interest and statistics indicate that its always better to be ‘in the markets’. However, saying this, if you were looking for a short-term strategy this year, and only have capacity for investing 1-3 years or so, we certainly wouldn’t consider the markets at the moment. There is a lot of political and market uncertainty, and if interest rates rise, there may be better opportunities for short term savings in the next few months. We can help our clients source the best interest rates, locations and currencies for cash accounts, and keep within financial compensation limits and protections.
