Bearish financials stance serves Marlborough manager well
Greg Bennett has managed Marlborough UK Large Cap Growth since its launch on 6 March 2006 and has achieved top-quartile performance over that period, largely due to his bearish stance on financials throughout his tenure. Having always taken significant bets, Bennett shunned HSBC while many of his peers bought into the bank in recent months. "We have not had any holdings in HSBC which was a big call, but when it went down 20% it was a relative benefit. You have to be nimble and versatile in management and the way you think." The fund aims to provide investors with long-term capital gro...
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