Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at http://citywire.co.uk/wealth-manager/article/a722617

The secret Alt Ucits weapons driving this sector leading AA-rated duo

by David Campbell on Dec 09, 2013 at 14:10

‘We are not great fans of the long/short equity sector in the Ucits III world. There is a tendency for strong long-only managers to put in a few shorts and call it an absolute return fund.

‘But James Hanbury is doing a lot more than shorting Glaxo or just taking out index protection, he is actually finding genuine opportunities in non-core equity holdings.

‘[It’s a sector] where a lot of managers are just picking up beta but he is very strong on stock selection, which accounts for between 60-80% of its return.

‘We hold just over 9% of assets in the fund, versus our absolute maximum exposure to any one single fund restraint of 10% of assets.’

Sign in / register to view full article on one page

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Long time coming: is the recovery here to stay?


Ian McVeigh and Steve Davies, managers of Jupiter's UK Growth fund, talk about their predictions for the UK equity space. Click here to watch a series of sponsored interviews with Jupiter's fund managers on the UK equity market.

Today's top headlines

The Citywire guide to investment trusts

Investment trusts have proved to be a highly effective way to invest in the market. Citywire has interviewed the experts to find out more.

More about this:

Look up the funds

  • VT icf Absolute Return F Acc
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • Polar Capital Global Insurance E GBP Inc
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • Kennox Strategic Value Professional
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • CF Odey Absolute Return RET GBP
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them

Look up the investment trusts

  • Ruffer Investment Company (Ordinary Share)
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them

Look up the fund managers

  • Mark Lynam
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • Jeremy Suffield
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • Sebastian Lyon
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • Alec Foster
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them
  • James Hanbury
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them

Archive

On the road

Click here to find out more from the Audience Development team.

Sorry, this link is not
quite ready yet