Lord Rothschild: 'We may well be in the eye of a storm'

Reduced exposure to equities

Jayna Rana
clock • 1 min read

Lord Rothschild, chairman of the RIT Capital Partners investment trust, has sounded a warning to shareholders on current market conditions, but remains confident the vehicle can identify investment opportunities in 2016.

In the £2.4bn investment company's half-yearly statement, the chairman of J. Rothschild Capital Management warned investors that "the climate is one where the wind may well not be behind us". Since then, the trust has reduced its exposure to equities as markets fell and many companies reported disappointing earnings. But Lord Rothschild (pictured) remains cautious, telling his shareholders in the latest results for the year ended 31 December 2015 that global growth remains anaemic. Gosling's Grouse: Calling the market bottom He said: "Not surprisingly, market conditions have dete...

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