Summary
FORTUNATELY for our IFA of the Year competitors - and for case study Angus MacDonald - this is a game of two halves. It's unlikely that any of the IFAs expected market conditions to make life so difficult for them, and the last month in particular has wreaked havoc in all of the portfolios.
For the first time this year, every competitor is in the red, with some down more than 10 per cent from the starting level. Hard- earned gains painstakingly carved out over the first five months disappeared in the month to 15 July, to the extent that even our leader has turned Angus's investment of GBP 300,000 into GBP 281,460, a loss of 6.18 per cent.See the full content of this document
Extract
Ifa of the Year Competitors Hoping for Second-Half Revival
It'll be interesting to see where they go from here, given the opport...
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