risk

Lending specialist Daniel Zwirn spoke candidly about investor “credit myths”, and the misunderstandings that hold people back in the selection and movement of assets in portfolio construction.

The pursuit is focused, relentless and uncompromising – dismissive of any potential consequences. So what happens when the addiction is to risk?

Of the many opportunities that were thrown up by the Covid-19 Crash, one of those that is still open – although weakening by the day – is that in the eight credit listed investment trusts (LITs). Most of this group were trading at small premiums to net asset value (NAV) prior to the crash, such…

This is not the time to make bold statements. We can test the water on which asset class is now relatively (noting that phrase) attractive, but inevitably hedge the bet on the possibility things will not be as anticipated. Valuations are in fresh air. We don’t know what earnings might look like, nor is the…