New Star manager looks outside G7 for growth, expecting correction from rising rates or struggling US consumer
Click here to download pdf New Star Global Strategic Capital's Paul Craig believes a short-term correction is due in western markets and as such is seeking opportunitites outside the G7 countries. Craig joined the firm in September 2003 as part of the deal to buy all the Exeter Investment Group's funds. Soon after, Global Strategic Capital was formed from the merging of Exeter's Warrant and Global Opportunities and Managed Growth funds, with Craig at the helm. Since then, said Craig, the performance of the fund has benefited from the strength in split-capital trusts focused on UK income ...
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