IFAs opt to increase portfolio allocation to structured products

Over 88% of independent financial advisers (IFAs) have decided to increase their structured products allocations for client portfolios during the next year, according to a recent survey conducted by Keydata Investment Services. The telephone poll, which took place in early August, asked 50 advisers to indicate their strategies concerning a range of asset types, rating whether to increase, maintain, or decrease portfolio allocation.

In comparison with structured products, 83.3% advisers opted to increase allocation to cash, followed by 69% to fixed income and 66.7% to managed funds. Conversely, 73.8% of advisers said they would decrease exposure to property, 71.4% to UK equities and 59.5% to international equities.

Commenting on the results, Mark Owen, director of Sales and Strategy at Keydata Investor Services, says that the shift in asset allocation into cash and fixed income was expected, although such a large allocation