Share

Latest from the Media Centre

01/06

Offshore advisers strongly in favour of packaged investment solutions

New research* by Skandia International, the offshore business of Old Mutual Wealth Management, has found that almost 80% of offshore advisers would consider recommending ready built packaged investment solutions to their clients that match their attitude to risk.

01 June 2011

New research* by Skandia International, the offshore business of Old Mutual Wealth Management, has found that almost 80% of offshore advisers would consider recommending ready built packaged investment solutions to their clients that match their attitude to risk.

Interestingly, advisers were split on whether these packaged investment solutions should be targeting a specific investment return or whether they should be aiming to work within specific risk controlled parameters, with 50% of advisers favouring each option.

When questioned on the use of tools utilised during the portfolio build and risk assessment process, a third of those surveyed indicated a preference for other providers’ risk assessment tools to help establish their clients’ attitude to investment risk.

Overall, more than 75% of the surveyed advisers believe the use of offshore investment products is likely to increase over the next 12 months.

In response to this feedback Skandia International has recently announced the launch of a Portfolio Builder Tool which can help financial advisers identify their clients’ attitude to risk and build an investment portfolio that directly matches that risk level.

At the same time, Skandia International has launched two new funds to complete its range of five managed investment solutions that match the five investment profiles identified by the new Portfolio Builder.

Phil OxenhamPhil Oxenham, marketing manager at Skandia International, comments:

“The results of this survey show that a staggering number of international financial advisers around the world are keen to recommend packaged investment solutions. They may be divided on whether investment returns or risk controls are the most important feature of packaged solutions but it is clear that there is demand for investment tools that can help identify a client’s investment profile and for packaged investment solutions that match these investment profiles.”

*The survey, which looked to understand in more detail some of the key aspects that form part of the advice process, was conducted early in 2011 and attracted responses from over 330 advisers from around the world – Hong Kong, Singapore, Dubai, UK, Europe, Africa and Latin America.

This press release is for journalists only and should not be relied upon by financial advisers or customers.