There are "shades of 1999-2000 in stockmarkets", according to the managers of Ruffer Investment Company, whose current defensive positioning reflects that view.
In their latest note to clients, the management team of the £380m trust warned that the record proportion of initial public offerings (IPOs) of unprofitable companies, potential for an unexpected spike...
Two breaches of 10% limit last year
Cash balance surges
Several caveats to Bank of England's hawkish stance
Emerging Market 2024 Fixed Maturity strategy