The Adviser Issue 9 | Page 59

MARKETS & INVESTING
The case for a blended approach Because each strategy has its own strengths and drawbacks , we think investors should utilise the best of both worlds by employing a blended approach . Taking full account of the relative pros and cons , we believe it can be advantageous to invest passively where there is an implementation ( easy access to a suitably diverse range of investments ) or cost ( results similar to active management but with lower fees ) advantages and actively in less efficient markets where there tends to be more scope to make a difference in performance . Crucially , none of this is to suggest there is a definitive balance to be struck between both investment styles . Depending on market conditions and other considerations , any number of blends of the two may prove effective . The key point is that the need for creative and flexible portfolio construction and asset management is greater now than it has been for a long time , and that what worked well in the past might not work so well now or in the future .
Adviser investment solutions - Invesco ’ s heritage in managing multi-asset investments for our UK clients goes back over 25 years . Explore our MPS and Summit fund-of-fund ranges at invesco . com / advisersolutions
Investment risks The value of investments and any income will fluctuate ( this may partly be the result of exchange rate fluctuations ) and investors may not get back the full amount invested . Important information This article is for Professional Clients in the UK and is not for consumer use . Views and opinions are based on current market conditions and are subject to change . This is marketing material and not financial advice . It is not intended as a recommendation to buy or sell any particular asset class , security or strategy . Regulatory requirements that require impartiality of investment / investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication . Invesco Asset Management Limited , Perpetual Park , Perpetual Park Drive , Henley-on-Thames , Oxfordshire RG9 1HH , UK . Authorised and regulated by the Financial Conduct Authority .
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