In mid-2017, Seneca Global Income & Growth Trust’s (SIGT’s) manager set out a clear road map of how it would reduce gradually the trust’s equity weighting over the next couple of years. The manager has been sticking to this plan and, in this report, we update on the changes it has been making to SIGT’s portfolio. The manager expects to see a global recession in 2020 with a global bear market in equities commencing in 2019. The aim is that SIGT will be meaningfully
16 Jan 2018
Walking the walk
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Walking the walk
- Published:
16 Jan 2018 -
Author:
Ed Marten -
Pages:
11
In mid-2017, Seneca Global Income & Growth Trust’s (SIGT’s) manager set out a clear road map of how it would reduce gradually the trust’s equity weighting over the next couple of years. The manager has been sticking to this plan and, in this report, we update on the changes it has been making to SIGT’s portfolio. The manager expects to see a global recession in 2020 with a global bear market in equities commencing in 2019. The aim is that SIGT will be meaningfully