Wyllie backs Schroders' Dobbs for Asian renaissance

Q&A

Annabelle Williams speaks to Chris Wyllie, chief investment officer at Iveagh, about an Asian rebound, property funds and playing the volatility curve.

What has been your best trade in the last six months? We sold out of the last of our gold on 15 February. The gratifying thing about that was not only getting out before it fell, but that we got out for the right reasons. All the price momentum had come out of gold and the tactical picture was deteriorating. With non-yielding investments, we think about the fundamentals. We thought it was risky and we could see a lot more downside than upside, and that is when we decided to get out of it. At our peak we had 11% in gold, going back a couple of years, but we started averaging out at the...