Performance across all risk profiles bounced back in January but the proportion of private client portfolios in the lower-risk cautious and balanced categories has fallen to a record low, analysis from Asset Risk Consultants (ARC) showed.
Steady growth portfolios recorded average losses of 10.2 percent in 2022, below the historical average return of 5.9 percent per annum and the second worst year since the inception of the ARC indices in 2004.
Equity risk portfolios...