News | 05.11.20
Advisors Turned to Active Management, Rebalanced During Downturn: Fidelity
A survey of 468 financial advisors, conducted by Fidelity Investments during the second week of April, showed 41 percent of respondents were increasing exposure to active management in client portfolios. The survey found 57 percent planned to increase allocations to domestic equity, and 27 percent planned to increase allocations to investment-grade bonds. Fifteen percent of advisors planned to increase allocations to passive strategies, and 30 percent planned to decrease allocations to cash.
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