21 Jun 2018 12:13
Seneca Global Income & Growth - Update research from QuotedData
21st 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/
This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.
NB: Marten & Co was paid to produce this note on Seneca Global Income & Growth Trust and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the FCA. Marten & Co is not permitted to provide investment advice to individual investors.
QUOTEDDATA123a Kings Road | London SW3 4PLTel: +44 (0) 20 3691 9430
www.quoteddata.com | research@quoteddata.com | www.martenandco.com