While we are stock-pickers, we do not ignore the business cycle; analysing it helps us determine when to allocate capital to certain companies.
When there is tight supply in an industry it signals that returns are likely to rise. That is likely to be the case with UK brick manufacturing today, for example. In the UK overall, annual business...
From Q1 2020
Little progress in boosting numbers of female executives
AUM up due to strong markets
Due to leave on 31 May