An increasing number of IFAs are calling attention to multi-asset products, according to quarterly research from Barings.

A record 47 per cent of UK intermediaries are encouraging their clients to invest in multi-asset products amid current market volatilities, according to a new survey by Baring Asset Management.

Multi-asset popularity among independent financial advisors in the UK was up notably from 36 per cent at the end of last year, reaching a new high since Barings' first Investment Barometer survey in 2011.

Almost three quarters of those surveyed between May and June said they were currently either "very" or "quite" favourable towards multi-asset growth products, while over two-thirds favoured multi-asset income products.

The 36 per cent of advisors who believe their clients should increase exposure to multi-asset growth products compares to the 25 per cent who are for boosting exposure to developed market equities.

“Sentiment towards multi asset investment products, including ones focused on income, is clearly strong and we would expect this to continue as the benefits of a multi-asset approach become ever more apparent – particularly in light of current market volatility,” said Baring Asset Management's head of wholesale distribution, EMEA, Rod Aldridge.