In doing so, the Directors also acknowledge that some shareholders with a greater appetite for risk, longer investment horizon or more
aggressive investment strategies, may wish to continue to hold their Spotless shares.
Despite telling the financial consultant she had a low risk tolerance and wanted no exposure to the stock market and being rated in the investment management agreement as a "conservative" investor with low risk tolerance, the third-party computer-generated portfolio purchased by the advisor through the Envestnet platform "contained funds with
aggressive investment strategies, including alternative funds, funds that purchased high-yield bonds, and an emerging markets fund.
Smaller companies traditionally have been employing more
aggressive investment strategies, especially prior to the recent economic crisis.
In addition, Gen X/Y millionaires are more than three times as likely to see money as a source of opportunity than older millionaires, underscored by their
aggressive investment strategies (73% of Gen X/Y millionaires are willing to put money into an aggressive strategy) and high trading volume, averaging 30 trades per month.
The volume of trading also reflects the volatile nature of the markets, which has allowed traders to execute
aggressive investment strategies,' he added.
The sector faces a volatile investment performance and insurers may require a higher capital buffer to support more
aggressive investment strategies over the next few quarters," said Hsieh.
Since the restriction was lifted in December 2007, the bank has been readying itself for more
aggressive investment strategies.
