Asset Risk Consultants (ARC) has published its Q1 2021 Private Client Indices (PCI) estimates, which revealed on average a modest start to the year for private client investment managers.
The most cautious portfolio band (risk relative to equities of 0 to 40 percent) was the only band that posted a loss. In Q1 average returns were -0.1 percent.
In 2020, this band generated average full-year returns of 4.4 percent, but also posted losses in Q1 after a tumultuous start to the y...