Zurich’s Prisma multi-asset funds recently reached an impressive new milestone of €5bn in assets under management.* The Prisma range which targets 5 different risk profiles is highly popular amongst investors and now has over 60,000 policyholders since launching in 2013.
Timing the markets and getting a forecast of the economy exactly right is an elusive concept. Therefore, holding a diversified range of assets that move in different directions depending on market conditions can be helpful to investors.
The effects of January stimulus cheques began to be felt as US retail sales blew expectations out of the water. The 5.3% reading was higher than expected by any of the 68 economists surveyed by Bloomberg. Ian Slattery reports.