How to navigate the specialist sector

clock • 5 min read

From energy funds to country specific offerings, the specialist sector can be tricky to analyse. Ken Rayner of Rayner Spencer Mills explains his preferred approach.

The specialist sector can be misleading for investors when evaluating funds in that it covers a wide range of mandates and assets that, in truth, should not be compared against each other. There are traditional managed funds through to specialist mining and resource funds as well as energy, water, financials and many other categories. How then do we approach the sector from an investment perspective? The answer is to break it down into different components and then assess them separately. In particular, the groupings for resources and energy can be separated out reasonably easily alth...

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