Richard Robinson, manager of the Ashburton Global Energy fund, looks at why investors should be prepared to actively trade cyclical sectors instead of buying and holding for the long term.
What scares many investors away from cyclical sectors - including consumer cyclicals, basic materials, financial services and energy - is the fear of performance blowouts when the business cycle turns....
Partner Insight: In this environment, a well-resourced credit research team is essential and having traders to keep check on markets is very helpful too, according to Fidelity fixed income managers Sajiv Vaid, Peter Khan and Kris Atkinson
Impact of political turmoil and Brexit
Latest Incisive Works research
In recent weeks, investors have fixated on the inversion of several sovereign yield curves, most notably the US Treasury curve.
How are VCTs and EIS products doing?