FUND of funds manager iimia has backed specialist growth funds and commodities to outperform the market.
The company’s multi-manager team, made up of Nick Greenwood, Richard Scott and Daniel Lockyer, revealed their portfolios were benefiting from exposure to both hard and soft commodities at present, as well as environmental and technology propositions. Greenwood, chief investment officer at iimia, said: “Commodities has been one of the most profitable areas for our portfolios in recent months. “We have remained optimistic about the outlook for the global economy, and this assessment gave us confidence that highly profitable conditions would continue for commodity producers.” iimia in...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes