Cautious Burvill is bullish on long-term UK prospects

Chris Burvill, manager of the Gartmore Cautious Managed fund, tells Julian Marr, editorial director of Marketing-hub.co.uk, how he plans to deal with a tricky environment for both equities and bonds

Asked for his outlook for the UK on a five-year view, Chris Burvill – appropriately enough for the manager of the Gartmore Cautious Managed fund – is, well, cautious. “The UK has a lot of problems and it is not going to sort them out inside five years,” he says. “That said, given short-term interest rates are unlikely to move up quickly, investors willing to take a long-term view – that is, more than five years – can justify moving from cash into a fund like ours.” As of 30 June, 48.9% of the £841m portfolio was in bonds, 44.8% in equities and 6.3% in cash. What is Burvill’s thinking ...