Over the past year, Seneca Global Income & Growth (SIGT) has delivered returns well in excess of its new benchmark, further enhancing its strong track record. SIGT’s manager believes we may be due to enter a bear market in 2019, ahead of a slowing global economy in 2020. Given this, it has been steadily reducing SIGT’s exposure to equity markets, notably in the US where the fund is now zero weighted. It will continue to do so over the rest of this year and the next, locking in
13 Sep 2017
Steady reduction in equity exposure
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Steady reduction in equity exposure
- Published:
13 Sep 2017 -
Author:
Ed Marten -
Pages:
10
Over the past year, Seneca Global Income & Growth (SIGT) has delivered returns well in excess of its new benchmark, further enhancing its strong track record. SIGT’s manager believes we may be due to enter a bear market in 2019, ahead of a slowing global economy in 2020. Given this, it has been steadily reducing SIGT’s exposure to equity markets, notably in the US where the fund is now zero weighted. It will continue to do so over the rest of this year and the next, locking in