Thompson Neptune vehicle doubles up on sector average

Neptune's Ewan Thompson is outperforming his sector average by almost double since launching his Eme...

Neptune's Ewan Thompson is outperforming his sector average by almost double since launching his Emerging Markets portfolio in September. Year to date, the manager is currently returning -4.33% against a sector average of -8%, according to Lipper. He has been increasing his exposure to commodities, currently with an overweight position in energy and metals, having picked up Gazprom and Petrobas. Thompson is also overweight consumer discretionary stocks, having taken advantage of cyclicals since the start of the year. Having launched with 20% in cash, Thompson is now fully invested, ...