Markets
News by: Nisha Long
Aberdeen's Docherty forced into miners on QE 'economic vandalism'
Aberdeen World Equity manager Stephen Docherty has been selling down his defensive holdings and recycling into cyclicals as QE is distorting valuations of risk assets.
Aberdeen World Equity
Stephen Docherty, manager of the Aberdeen World Equity fund has been reducing his position in pharma giant Roche and recycling proceeds into BHP Billiton, a move he describes as ‘strange and bizarre’ and an ‘unintended consequence of ‘economic vandalism’.
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Citywire Scotland: Andrew Lilico on the real problem in Europe
Andrew Lilico of European economics aimed to put to bed misconceptions about the problems in the continent as he took the stage at Citywire Scotland in Turnberry.
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