View the article online at http://citywire.co.uk/wealth-manager/article/a745593
Ravenscroft acts to clarify fund of fund’s bond exposure
by Robert St George on Apr 09, 2014 at 12:23
‘Aside from these short-term price fluctuations, the fundamental reasons why M&G invests into Occidental Petroleum remain intact and, in turn, so do the reasons why we invest into the Global Dividend fund,’ said Yabsley.
‘Thanks to excellent relationships and absolute transparency from the underlying fund manager, as well as a strong and well resourced in-house research team, we do not need to react impulsively on the back of short-term market movements.'
News sponsored by:
As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.
Today's top headlines
With talk on interest rates on the horizon, our latest roundtable debate covers income investing against a changing backdrop
More about this:
Look up the funds
- Huntress Global Growth
- M&G Global Dividend A GBP Inc
- Fundsmith Equity I Class Acc (ST DR)
- Lindsell Train Global Equity A
Look up the fund managers
More from us
On the road
on Jul 24, 2014 at 10:59