With markets on the way up, finding unloved and undervalued stocks is becoming harder. But one recovery fund has managed to return over 20% since its launch last year. Hardeep Tawakley speaks to Hugh Sergeant, manager of the River and Mercantile World Recovery fund.
With developed markets’ recovery well under way, the concept of a global recovery fund seems ill-timed. Recovery funds are known to be cyclical. So while they are able to significantly outperform their...
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