Milton portfolio back to full

Despite returning to the market, manager Sam Liddle continues to believe a slowdown is on the horizon and he has removed all cyclical positions from the fund. Instead, he has introduced three key diversity plays in the shape of utility-based investments, technology and healthcare, while also returning money to the Japanese market. Liddle said moving into the new sectors marked a third phase in the shape of the fund this year. The fund, he said, had moved from highly cyclical exposure in the form of energy and commodities, emerging markets and Japanese funds at the start of the ye...