With global populations ageing rapidly, and with one-in-four Aussies estimated to be over the age of 65 by 2050, there are tremendous opportunities for managed accounts to meet the specific retirement income needs of retirees in the years ahead.

This was one of the key takeouts from a panel discussion moderated by Nikko Asset Management Head of Product and Strategy, Hendrie Koster, and panellists Lukasz de Pourbaix (Chief Investment Officer at Lonsec) and Will Baylis (Multi-Strategy Portfolio Manager at Matin Currie).

However, de Pourbaix conceded that there were considerable challenges in building a retirement portfolio, which included addressing the three key risks in the drawdown phase: longevity risk, inflation risk and market (sequencing) risk.

“Building a portfolio designed for retirees, but being mindful of these risks, is complex,” de Pourbaix said. “There are three elements you need to be particularly aware of: income, risk control and growth.”