‘Better economic performance is the biggest threat to investors'

‘Better economic performance is the biggest threat to investors’

An improving economy and the attendant rises in inflation and interest rates represent the biggest challenge facing investors, according to Premier's multi-asset head David Hambidge.

Hambidge has worked at Premier Asset Management for more than 25 years. He employs a contrarian style on the £425m Multi-Asset Distribution fund, which is the largest in the group's multi-asset range and also the oldest. It was the first product to be launched by the team in 1999. It is also one of the best-performing in the range, beating the benchmark over one, three, and five years. The fund has returned 7% over the year to 4 November versus a sector average of 3.6%, according to Morningstar, rating it top quartile among its Mixed Investment 20%-60% Shares sector peers. Its histori...