How to play the global recovery

Global equity funds play an integral role as part of any well-diversified portfolio

clock • 4 min read

Global equity funds play an integral role as part of any well-diversified portfolio. Ken Rayner, investment director at Rayner Spencer Mills, highlights a few of his favourites.

The IMA Global sector is made up of funds which invest at least 80% of their assets in equities (but not more than 80% in UK assets) and which have the prime objective of achieving growth of capital. Global funds allow an investor to gain worldwide equity exposure, managed at both a strategic and tactical level. They also provide this exposure without requiring the levels of capital needed for a sector specific portfolio. In general, the macroeconomic backdrop improved during the fourth quarter of 2013, with the economic recovery continuing to gain momentum, not only in the US but, mo...

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