The AIP provides a unique insight into the actual returns being generated by investment managers for their inheritance tax mitigation portfolios based on real performance numbers (net of fees) provided by participating investment managers in Sterling.
Evolving PerceptionsFeb 2025 |
I find that because of modern technological evolution and our global economy, and as a result of the great increase in population, our world has greatly changed: it has become much smaller. |
Geographical equity allocation is becoming increasingly binary, with the dominance of US stocks limiting meaningful tactical asset allocation at the country level.
Discretionary fund managers (DFMs) should consider shifting towards sector-based allocation, which offers greater opportunities for diversification, better risk-adjusted returns and more control over unintended factor exposures.