Equity markets continued their partial recovery in November, following a difficult start to the year for private client investment managers.
According to data from ARC, sterling portfolios – on average – all made gains in November, but they are still down for the whole year to date.
Portfolios in the most cautious band (risk relative to equities of 0-40 percent) recorded gains of 1.9 percent on average. This follows October’s average gains of 1.1 percent.
...