The last month saw a drop in performance for Sterling-denominated \'cautious\' portfolios in the Asset Risk Consultants (ARC) PCI indices. Euro stocks had a similar run of fortune, with dollar-denominated indices falling across the board.
ARC’s Sterling Cautious PCI, with a target relative risk of 0-40 percent of world equity markets, scored an estimated 0.1 for May, down from the April 0.8 figure, and down year-on-year from 0.79 percent for the same period in 2012.