Financial advisers say their clients aren't panicking

Tue, 10 Mar 2020

Financial advisers say very few of their clients are panicking about the carnage in financial markets as a result of the coronavirus crisis and even fewer are making changes to their investments."We've had a couple of clients increase their bond weightings a few days ago," said Brent Sheather at Private Asset Management.His firm has always recommended clients target investing between 30 percent and 40 percent of their portfolios in bonds, particularly longer-dated bonds."We're not racing to change our asset allocation and we're quite grateful w...

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