Seneca Global Income & Growth Trust’s (SIGT’s) manager continues to expect a global recession in 2020, with a global bear market in equities in 2019. In anticipation, it laid out its strategy of gradually reducing the trust’s equity weighting and recent events have served to reinforce its view. The manager highlights the benefit of SIGT’s active multi-asset strategy, which it says can add value in a way that cannot be replicated by a passive fund slavishly followin
21 Jun 2018
Cutting back on equities
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Cutting back on equities
- Published:
21 Jun 2018 -
Author:
Ed Marten -
Pages:
21
Seneca Global Income & Growth Trust’s (SIGT’s) manager continues to expect a global recession in 2020, with a global bear market in equities in 2019. In anticipation, it laid out its strategy of gradually reducing the trust’s equity weighting and recent events have served to reinforce its view. The manager highlights the benefit of SIGT’s active multi-asset strategy, which it says can add value in a way that cannot be replicated by a passive fund slavishly followin