Also buying protection and raising cash
Raised cash at the start of the year
Over 5,000 investors surveyed
Argonaut CEO, Barry Norris, argues many funds within the IA Targeted Absolute Return sector are failing to deliver on both their risk/return and diversification aims.
Further volatility expected
Cash levels increased
The managers of the Ruffer investment company have warned that markets and banks are unprepared for a future crisis, while investors are facing higher risks than ever before as liquidity dries up.