French IFAs favour diversified funds in portfolios, Natixis says
Natixis GAM has studied the composition of 67 French IFAs’ portfolios between January and June 2015 through its barometer Portfolio Research & Consulting.
It has found out French IFAs tend to favour the selection of diversified funds, that are flexible and patrimonial, whatever the risk profile of their clients. Natixis’ barometer showed 36% of French IFAs were using diversified funds in their balanced portfolios strategies during the first half of 2015 against 20% of Italian IFAs and 7% of British IFAs.
Natixis explained that British IFAs had more appetite for equity funds and Italian IFAs for bond funds.
Another research’s finding reveals the share of non-benchmarked funds in French IFAs portfolios slightly rose during Q2 2015, suggesting a tactical reallocation at the expense of European equity funds in particular.