Asset Risk Consultants (ARC) has published its private client indices (PCI) estimates for May 2023, revealing minor losses across all risk bands.
Portfolios in the most cautious band (risk relative to equities of 0-40 percent) recorded estimated losses of 0.9 percent on average, compared with April’s gains of 0.3 percent.
The estimated year-to-date gains for these portfolios now stand at 0.3 percent.
Portfolios in the balanced asset band also recorded a...