Kames' McEntegart boosts bank exposure ahead of rate hikes
Backed Nationwide bonds
Vincent McEntegart, manager of the £315m Diversified Monthly Income fund at Kames Capital, has said banks remains one of his biggest trades in the portfolio as the sector is set to benefit from rising interest rates.
Speaking to Investment Week, multi-asset manager McEntegart (pictured) said many investors had been bearish towards the sector in an environment of low interest rates, bank fines and increased regulation....
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