Multi-asset class takes the crown in drawdown market boom
30 Aug 17
While the number of retirees opting for drawdown has more than trebled since the introduction of the pension freedoms, retiring investors are choosing funds with long-term investment targets to meet near-term income needs, research from Dutch insurer and pension provider Aegon shows.
...as do non-drawdown investors
This largely mirrors the strategies used by non-drawdown investors who also favour multi-asset strategies (46%), followed by equity growth (24%), bonds (12%) and equity income (8%).
Investors are replacing some equity growth with equity income, Aegon said, and Neil Woodford’s fund is dominating the cash flow figures in the equity income sector.
However, most are using multi-asset strategies to manage the balance between risk and return.
Tags: Drawdown
