Bankers Investment Trust manager believes market conditions will allow major cash investment and expects the market to recover after May
The Bankers Investment Trust fund manager Alex Crooke is expecting post-May market conditions to enable him to invest the fund's major cash position. Crooke is currently holding approximately 10% in cash and intends to maintain this until around May. By then, he expects the market to recover, with Crooke looking to invest in sectors such as property and oil. The manager of the Henderson's vehicle says: "We will be considering investing in property because it is trading on a huge discount compared to current property prices. I also want to continue increasing our oil exposure and I am a ...
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