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Business24-7 – With the UAE stock markets in turmoil it is vital investors re-examine their portfolios.

This week the Abu Dhabi and Dubai stock exchanges suffered their worst trading sessions for almost seven months while Dh65 billion has been wiped off their value in August alone.

Now a number of financial advisors are urging investors to diversify their portfolios more than ever in a bid to ride out these dips rather than face massive losses.

Those in the United States, for instance, who invested all their money in property are now reeling as a result of the credit crunch.

Even hedge funds, which are specifically designed to minimise investor risk, have attracted criticism and piled up some big losses.

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