Alastair Mundy, manager of the Investec Cautious Managed fund, believes there is no longer any value...
Alastair Mundy, manager of the Investec Cautious Managed fund, believes there is no longer any value in index-linked gilts and has sold his entire holding. Index-linked gilts were used to protect the portfolio if inflation was higher than expected but they no longer offer value, according to Mundy.
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