PSigma identifies recovery positioned funds

PSigma's Tom Becket has identified a number of funds he believes will be well positioned to optimise on the recovery when it comes.

  The Balanced Managed fund of funds manager says he is adopting a 70/30% approach to investing with 70% in less risky assets such as bonds, and blue-chip equities while 30% of the fund will be in 'recovery' assets. Becket identifies River and Mercantile Long Term UK Equity Recovery as a fund positioned to benefit from long-term amelioration improvement in equity markets. "The fund is invested in companies where the market has lost favour in the company, but which have the ability to survive the downturn," says Becket. "Similarly, we believe that Lazard's Global Equity Income ca...