Seneca Global Income & Growth PLC Update research from QuotedData
June 21 2018 - 7:13AM
RNS Non-Regulatory
TIDMSIGT
Seneca Global Income & Growth PLC
21 June 2018
Seneca Global Income & Growth - Update research from
QuotedData
21(st) June 2018
Cutting back on equities
Seneca Global Income & Growth Trust's (SIGT's) manager
continues to expect a global recession in 2020, with a global bear
market in equities in 2019. In anticipation, it laid out its
strategy of gradually reducing the trust's exposure to shares in
companies and recent events have served to reinforce its view. The
manager highlights the benefit of SIGT's ability to invest across a
range of different asset types, which it says can add value in a
way that cannot be replicated by a passive fund following an index.
This note provides an update on recent changes as well as a
detailed overview of the trust.
Full research:
https://quoteddata.com/2018/06/seneca-global-income-growth-cutting-back-equities/
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END
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