The closure of many open-ended property funds for only the second time in their history (we think) is a classic case of irrational investor decision-making, writes Guy Stephens, managing director of Rowan Dartington Signature.
We track liquidity closely as part of our risk grading process. This means we tend to favour more conventional, mainstream investments over the more esoteric and specialist ones as the latter are often...
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26 years in financial services
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