James Mee, co-head of multi-asset strategies and manager of the Waverton Multi-Asset Income fund, dives into the current economic landscape, exploring the likelihood of a recession and the factors influencing global markets. Giving an update on fund positioning and allocation across equities, fixed income, and alternative investments we touch on technology, Europe, inflation, interest rates and real assets in the portfolio. Out discussion concludes with a discussion on the role of cash in the current environment and the impact of de-globalisation on investment decisions.

What’s covered in this episode: 

• How likely is recession this year?
• What are the push and pull factors on markets? 
• How the fund is allocating to equities
• Did fixed income drive performance in Q4 2023? 
• How the fund is positioned within fixed income
• What are “real assets”?
• How real assets are currently reflected in the portfolio
• How changing inflation impacts the fund
• Why cash is an asset class in this environment
• How de-globalisation and re-shoring could benefit the fund

More about the fund:

The Waverton Multi-Asset Income fund leverages the broader capabilities of Waverton Investment Management to construct a diversified portfolio encompassing direct equities, fixed income, and alternative strategies. The team prioritises risk management as the core of its investment approach, with a focus on safeguarding capital during periods of market weakness.

Learn more on fundcalibre.com

Please remember, we’ve been discussing individual companies to bring investing to life for you. It’s not a recommendation to buy or sell. The fund may or may not still hold these companies at the time of listening. Elite Ratings are based on FundCalibre’s research methodology and are the opinion of FundCalibre’s research team only.