Ida Petersson exits the London retailer just as S&P cut its rating on parent company Farfetch, worrying over the “escalating risk of a liquidity crisis.”
While some multi-asset funds delight in their complexity, a simple mix of shares, bonds and cash is enough for Iain McCombie of Baillie Gifford s Managed Fund.
The trust, co-managed by Iain McCombie and Milena Mileva, invests in small and medium UK listed companies so has been hit by volatility in domestic stocks.