Natixis IM sees UK financial advisers cutting domestic exposure

The 2019 Natixis Investment Managers UK Portfolio Barometer, an analysis of more than 50 model portfolios in the UK, has found that the financial advisers surveyed transferred almost 16% of their local allocations to global markets over the past year - as they sought out diversification and hedging against risks linked to Brexit and geopolitical uncertainty. However, despite more global exposure, investors also exhibited a trend of becoming more risk averse. This resulted in herding towards safe havens, rather than adjusting portfolios to take advantage of rising global equities in 2019....