CRUX Asset Management is launching the FP CRUX UK Special Situations fund for former Legal & General Investment Management (LGIM) fund manager Richard Penny, who joined in June.
Launching on 17 September, the fund will be a concentrated portfolio of 40 UK stocks with some exposure to other developed markets. The fund will invest a third in large caps, a third in mid caps and...
The US dollar is close to peaking and the risks now seem to be on the downside.
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