PSigma Income fund manager Bill Mott has begun to trim exposure to cyclicals after a number of stocks in the portfolio staged sharp performance spikes over recent months.
While noting a sharp improvement in investor sentiment recently, Mott says in the same way as cyclicals became "ridiculously oversold" at the bottom, investors could get carried away on the perceived strength...
Follows McVey's resignation
Schroders and Aviva Investors
LightTower Partners, Seneca Partners and Unicorn AM
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