Volatility is not something to be disliked of discouraged, says Adrian Lowcock, head of investing at Axa Wealth.
Adrian Lowcock, head of investing at Axa Wealth, said if clients need to take cash out during moments of market weakness an adviser needs to reassess the portfolio.
Speaking to Investment Adviser’s Ellie Duncan, Mr Lowcock said: “We are just seeing a period where there is a lack of direction, uncertainty over China and we have a lot of uncertainty over the impact of a US interest rate rise.
“Volatility is part of markets. It happens. It is not something to be disliked of discouraged. It can be quite good. It can create investment opportunities for fund managers. It can create opportunities to take profits and make money so volatility in itself isn’t bad. It is how we treat it, how we react to it, than can affect the value of our investments.
“Don’t treat volatility as a bad thing. Focus on your goals and really identify what your long-term goals are and then invest accordingly.
“If you are buying the right managers, let them concern themselves about the volatility of the market.”
