'Buying ultra defensives is throwing in the towel'

Professional Adviser
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Now is not the time to throw in the towel and buy the 'ultra' defensive sector of the market ac...

Now is not the time to throw in the towel and buy the 'ultra' defensive sector of the market according to Trevor Green, Manager of the Credit Suisse Growth Fund. Green expressed his outlook for the UK Growth Market this week and warned that some ultra' defensive sectors had been outperforming the market for over 18 months. To buy them now, said Green, would be 'looking into the rear view mirror'. Green explained: "I am making investment decisions on the future. I am not basing decisions on today's prospects, but on six months' forward or even more." He added: "Certain def...

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