NAV total loss of 7.7%
Open-ended funds took the biggest hit
Sold 1/3 of BG and tech trusts
Growth leads to a shift
Financials are back in vogue as the growth to value rotation beds in and Nick Brind, manager of the Polar Capital Global Financials (the only trust within the Financials sector) feels “like a kid in a candy shop” as he looks at different ways of playing...
Core profit up 65% in interim results