F&C and Witan give shareholders exposure to the most countries, according to data from the Association of Investment Companies (AIC).
The trade body analysed all investment trust portfolios to build a list of the 20 companies investing in the most countries, with F&C and Witan coming out on top at 37 and 36 respectively. Andrew Bell, CEO of Witan, said "diversifying internationally is a way to control investment risk" and "helps to reduce investor nerves in troubled times", although it should not be the driving force of portfolio construction. Bell continued: "At present, concerns over Brexit, US-China trade relations and conflict in the Middle East are depressing economic confidence and have encouraged a lemming-li...
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