Distinction Asset Management's Ana Armstrong has bought one-year Greek bonds yielding 14.7%, after Moody's downgraded the country's debt last month.
The manager of the £23m IM Distinction Diversified Real Return fund says she does not think there will be a default scenario or debt restructuring haircuts in the short term, making the 14.7% yield look...
Equities overweight down to 3%
Relates to 136 million transaction reports
Patience must be a watchword
MSCI has recently increased the Chinese A-share market's inclusion factor from 5% to 20%.
Change of objective