Holdings reassessed after lawsuits

Professional Adviser
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By Andrew Hudson, manager of the RSA North American Trust While the US market may have experienc...

By Andrew Hudson, manager of the RSA North American Trust While the US market may have experienced a challenging few months with lawsuits and company scrutiny for foul play, the good news is that there are continuing signs of a recovery. Asbestos has been a major issue to hit the market and as lawsuits have increased, the market has swiftly punished any association with the substance. Having seen asbestos producers forced into bankruptcy, the most prudent measure has been to sell known asbestos exposure. There are cases where we expect the impact to be limited however. Via...

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