Oct 17, 2012 ---
Risk management remains top of mind
as registered investment advisers (RIAs) pursue a strategic mix of products.
RIASs expect to see increased use
of exchange-traded funds (ETFs) in client portfolios, while aversion to risk
remains high, according to a market research study by Invesco.
Advisers surveyed believe ETFs
will make up 24% of portfolio allocations over the next 12 months and 33% over
the next three years, a 10% increase over results from Invesco’s 2011 survey of RIAs.
Against a lingering backdrop of
global economic uncertainty, RIAs see clients remaining vigilant in their
aversion to risk, as 91% believe their clients are more interested in
minimizing losses than maximizing gains.
“This year’s study
continues to show how RIAs are embracing the value of ETFs and the many ways
they can be implemented in their clients’ portfolios,” said Bobby Brooks, national
sales director for Invesco PowerShares. “But even as the equity markets have
enjoyed a strong run year to date, RIAs are still indicating that risk
management is a primary focus and they are looking to a variety of products,
including alternative assets, to manage risk.”