Advisors were most concerned about portfolio management during the first quarter of the year, according to Fidelity Financial Advisor Solutions, which released its first Fidelity Advisor Investment Pulse survey.
Of the top five investing concerns expressed by the 200 advisors surveyed, portfolio management nudged out market volatility, but only by a slim margin. Twenty-five percent of advisors listed portfolio management as their top concern, while 24 percent said it was market volatility.
These two concerns were followed by fixed income (21 percent), interest rates (19 percent) and finding yield (19 percent). Some answers from advisors fit into two categories, which is why the numbers add up to more than 100 percent.
The issue that is not on the advisors’ radar is inflation, although it should be, according to Fidelity. Unexpected inflation is a risk to the performance of traditional portfolio allocations, says Fidelity, and the risk of inflation should be incorporated into an investment strategy.