Van Eyk launches risk ratings system
Researcher van Eyk has adopted a new risk ratings system designed to provide clients with risk warnings on managed funds.
The monitoring system is designed to ensure clients are provided with a clear message as to the level of risk associated with investing in a particular fund, said van Eyk head of investment research Nigel Douglas.
Designed to complement van Eyk’s fund rating system, the risk ratings system will also assist investors in aligning their investment decisions with their risk tolerance levels, Douglas said.
“The ongoing financial crisis and freezing of various managed funds has highlighted the importance of understanding the nature of the risk associated with investing in particular asset classes.
The key to investment risk management and long-term wealth generation is not in avoiding risk but gaining a better understanding of the nature of the asset sector and investment strategy risks undertaken by fund managers in seeking positive returns, he said.
The new system will first be applied to van Eyk’s upcoming review of the Australian equities sector.
Recommended for you
A relevant provider has received a written direction from the Financial Services and Credit Panel after a superannuation rollover resulted in tax bill of over $200,000 for a client.
Estimates for the calendar year 2024 put the advice industry on track for a loss in adviser numbers as exits offset gains from new entrants.
Adviser Ratings shares five ways that financial advice changed in 2024 with an optimistic outlook for 2025, thanks to the Delivering Better Financial Outcomes legislation.
National advice firm Invest Blue has announced several acquisitions, including the purchase of an estate planning and wealth protection business Lambert Group.
