Himsworth: bull market calls are pure guesswork

Calls of a bull market are based purely on guesswork, according to Royal London Asset Management's L...

Calls of a bull market are based purely on guesswork, according to Royal London Asset Management's Leigh Himsworth. The UK Strategic Growth manager, whose top-quartile fund is down 0.38% on the year compared to a -8.27% sector average, says anyone attempting to call the market is simply guessing, adding it would be premature to suggest the market has turned. "I am of the view that it is still too early to tell. Anyone saying otherwise is really guessing and I do not think it is right to structure your portfolio on guesswork," says Himsworth. His fund currently has an 85% allocation to...