Summary
IN THE week when a major new financial education initiative was launched for children, research found that half of all investors do not understand even the basics of asset allocation.
The research by asset management firm JP Morgan Fleming revealed that less than a third of the savers and investors surveyed knew that the term related to spreading portfolios across a range of investments.See the full content of this document
Extract
Protect Your Investment with Asset Allocation
In all, 60 per cent of older investors (aged 45-54) had no idea what the term meant, while ...
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