Have you increased cash levels recently?

Tom Becket, manager, PSigma Balanced Managed Fund of Funds I have recently built up cash positions in order to position my fund from an unusually uncertain environment. The last month has been an efficient demonstration of the severe difficulties and many pitfalls that currently exist for investors and encapsulate perfectly the perilous investment environment of the last two years. The pendulum has never swung faster or more violently between pessimism and optimism, which is making investment a truly thankless task. A diversified and proactive approach to investing is imperative in t...