Chatfeild-Roberts believes oil volatility will evaporate gains

John Chatfeild-Roberts is sticking by his oil underweight in the belief short-term volatility will p...

John Chatfeild-Roberts is sticking by his oil underweight in the belief short-term volatility will push the price under $100. Jupiter's fund of funds sage said managers who have been benefiting from high oil exposures could come unstuck as volatility evaporates recent gains. "Those who have invested in funds benefiting from the soaring oil price will, if the oil price continues to fall, suddenly find the tables have been turned," he said. "The funds that have lost out by not holding these stocks will gain a performance advantage." Chatfeild-Roberts oversees Jupiter's £2.46bn range o...