And that includes older investors who are most likely--and have a greater need--to incorporate fixed income securities into their portfolios. Among respondents age 65 or older, 57% have less than 25% of their portfolios in bonds or bond mutual funds.
According to the "Allianz Global Investors Get Real" survey of 1,002 investors, people who work with a financial advisor tend to better manage their risk than do-it-yourselfers, and that includes having made portfolio changes to reduce risk exposure within the past year.