RE: How low4 Apr 2025 10:04
I'm afraid, not yet. It's a nasty, nasty business! After 4 years of underperformance, it's yet another leg down in general small cap world. I am heavily invested in small cap world! So far I've resisted throwing myself off the nearest bridge.
Regarding IPX, any equity asset manager is a high-beta play on the stockmarket and clearly not a good place to be in the context of massive trade disruption and impending global recession. Wish they'd started pivoting to fix income, like, about 5 years ago!!!
Now I'm stuck in another disaster at the bottom of the cycle. Divi was only one times covered and looks sure to be cut, imagining the environment ahead. Interestingly though, some of my green investments (investment trusts involved in battery storage and renewables) have held up pretty well over the past couple of weeks.