Guards up: Four wealth managers’ top defensive fund picks.

Guards up: Four wealth managers’ top defensive fund picks.

We asked professional fund buyers for their favourite funds to ride out volatility and inflation, with the classic ‘balanced’ portfolio increasingly failing to do the job.

The threat of Russia invading Ukraine may be the most obvious flashpoint at the moment, but there are plenty of reasons for investors to consider getting more cautious in their portfolios, including one famous recession indicator flashing.

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