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Investec Cautious Managed

 

Citywire Selection Verdict: Alastair Mundy’s contrarian value approach of targeting out of favour stocks has led him to keep large amounts of the fund invested in the UK in addition to a long-standing allocation to Norwegian government debt. Boosting performance in recent months has been his 10% stake in Japanese equities. Mundy follows a well-executed, simple strategy to generate steady returns with volatility lower than that of a single asset class investment, a process that has led him to be among the very best mixed asset investors.

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