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Protection against inflation is built into this portfolio
The pandemic has changed the way we live and determined the investment winners and losers of the past year.
With its end in sight, it is a good time for investors to review their portfolios and assess what has performed well, what has not, and why – and then make any changes necessary to navigate the post-pandemic world.
In this five-part series, we spoke to wealth managers about how they would advise clients to invest different pot sizes, from £50k to £1m. In the final part of the series, Thomas Becket, of Psigma Investment Management, tackled the £1m pot.
We’ve been here before: the country goes into lockdown and the stock market shoots up.
The start of the first national lockdown in late March marked the bottom of the coronavirus crash, England’s November lockdown played host to the vaccine rally, and yesterday the FTSE 100 added to its week’s gains with a 3.5 per cent rise.
Whether the latest step up can be sustained is a question for the weeks ahead, but yet again the stock market has seemingly shown how counter intuitive its moves can be.
Or has it?
Because while this first week of January may have been the gloomiest for… oh, at least a fortnight, investors are not rushing to buy UK shares due to what they think will happen between now and late-February when this latest lockdown hopefully ends. (I m erring very glass half full here)
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