Jupiter's Chatfeild-Roberts: How to deal with threats to returns in 2012

In this Q&A Merlin manager and Jupiter CIO John Chatfeild-Roberts explains his thinking on financials and his fears over the impact of quantitative easing.

John Chatfeild-Roberts has run the Merlin portfolios at Jupiter since 2002 alongside Peter Lawery and Algy Smith-Maxwell. The multi-manager range now has almost £7bn in assets under management and is a regular on platforms’ best-seller lists. The flagship £3.4bn Merlin Income portfolio has returned 39.9% over the three years to 17 February versus a return of 32.7% for the IMA Mixed Investment 20-60% Shares sector, according to Morningstar. Over one year, Merlin Income has returned 4.8% against a sector average return of 1.1%, as a switch to a more defensive portfolio last February ...