the GLOBAL GROWTH AND INCOME TRUST HAS GEARED UP TO 25% OF NAV
British Assets Trust investment manager Julie Dent expects equity markets to remain volatile, but said this is an opportunity for active investment managers. The manager of one of the UK's largest global growth and income investment trusts, said volatility underlines the need to buy at the right level, noting the 'growth at a reasonable price' strategy popular with many management houses is coming back into fashion. 'We are now in a period of high volatility. We see that as an opportunity for active managers. We think a good stock-picker should be able to take advantage of that,' she sa...
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