Russell Investments has produced a toolkit it says is aimed at both advisers and investors to help them ride out the current market volatility.
The product, appropriately titled "Volatility Toolkit", offers daily perspectives on changes in capital markets drawn from 500 global investment professionals.
Commenting on the new product, Russell Investments chief executive officer for Australasia, Chris Corneil, said given market movements it was not surprising investors were experiencing some anxiety and uncertainty.
"We have a responsibility to give investors as much guidance as possible so they can make more informed decisions about their investments now and in the future," he said.
Russell’s chief investment strategist for the Asia Pacific, Andrew Pease, said Russell believed the US and global economies would continue on a path of gradual recovery, even though that recovery was fragile and sub-par.
"We think market sentiment is fluctuating more dramatically than changes in the underlying economic fundamentals," he said. "For this reason, we don’t recommend investors reposition their portfolios to cash at this time."
Pease claimed well diversified portfolios would cushion the effects of market volatility.
