Investor Views: "I’m Investing for my 4-Year Old Twins"

Private investor David Parkinson chose funds with a good long-term track record for his children’s Junior ISAs

Emma Simon 6 April, 2017 | 9:59AM

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When it comes to managing his own money, David Parkinson, 42, would rather leave decisions about asset allocation or fund selection to a professional. For a number of years Parkinson has used a discretionary investment management service, and has been happy with the returns to date.

He says: “I prefer to pay for someone else to make these decisions on my behalf. I’ve don’t want the responsibility of making the wrong decision.” He says he appreciates this is more expensive than going down the DIY route, but he believes these fees are worth paying for superior, and more consistent returns.

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About Author

Emma Simon

Emma Simon  is a financial journalist, specialising in investment and consumer issues, writing for Morningstar.co.uk

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