T. Bailey's Askew: Investors 'too blasé' about non-sterling exposure
Manager increases funds' sterling weighting
Peter Askew of T. Bailey
Peter Askew, co-manager of the T. Bailey Dynamic and T. Bailey Growth funds, has been increasing both funds' sterling weighting in recent months despite a lack of foreign exchange rate volatility, following a period where the currency has been unloved.
In a note to investors back in December 2019, the manager explained that as sterling-based investors, T. Bailey Asset Management was "conscious" of the need to provide outcomes in sterling. He added...
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