I’ll be home for Christmas… with Psigma Investment Management’s Rory McPherson
In a festive series investment experts reflect on an extraordinary year and their hopes for 2021
Psigma Investment Management head of investment strategy Rory McPherson reveals the fund that helped him weather the Covid sell-off in March and his top TV and podcast picks to enjoy during the Christmas break.
What have been your top and worst performing fund picks during the year?
This is a tough one to answer, as they have done the job we wanted and expected of them. Looking just at the numbers, the Ninety One Global Environment fund is our best: up over 45% since we allocated to it in mid-May and the worst is the Odey Odyssey which is down around 5% this year. However, this -5% figure belies the important role the fund has played within our alternatives allocation and it did its job for us in Q1; it was up over 30% in the depths of March and was one we re-balanced away from as we bought back into equity holdings.