Our usual suite of analysts at Financial Express Research, Rob Gleeson, Harpreet Sajjan and Martin Wood, delve into further trends spotted in the AFI Cautious, Balanced and Aggressive indices respectively.
The latter is particularly topical given what faces the US economy as this is being written at the tail end of one of the worst Septembers since pre-War days, with the US taxpayer about to pick up a $700bn tab for what many there see as a bail out of Wall Street bankers gone wrong. Despite this, the data on the AFI Aggressive fund suggests North American equities may have found favour on the basis that the US typically leads recovery - but, is it a bet too far too soon?
This month's cover asks, quite simply, how is the use of indices introduced to the financial advice process, and what do trainers of advisers and advisers themselves think of use of AFI and other indices at the 'coal face', that is, when sitting down with clients.
Available in electronic format, the magazine also provides a line of thought on how AFI data can be used to construct a more efficient multi-manager approach to funds analysis.
