The fund delivers an eighth consecutive year of benchmark-beating performance

Investment trust BlackRock Throgmorton’s (THRG) equity exposure is at its lowest level in nine years according to broker Stifel, reflecting its manager Dan Whitestone’s concern about an economic slowdown.

Around 90% of assets are invested in equities on a net basis; this distinction reflects the trust’s ability to go long or short. Or in other words it can look to benefit by betting on share prices rising
or falling.

Among the sectors targeted for short-selling include consumer services, food supply and mid cap lenders, which it believes face impairment risks.

‹ Previous2019-02-21Next ›