TT International AM loses Square Mile A rating ahead of fund closure
Square Mile has removed its A rating from the TT European Opportunities Long/Short fund and the CRUX European Special Situations fund.
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Square Mile has removed its A rating from the TT European Opportunities Long/Short fund and the CRUX European Special Situations fund.
Cautious Managed fund has been renamed and seen its investment policy tweaked
Has the alternative income story run its course? Scarcity of yield has caused a lot of capital to chase relatively few assets and left valuations stretched Investors won’t need reminding that 2020 was a dismal year for income strategies. Yields on fixed income remained pitifully low, while dividends were sliced. This prompted many investors to roam the market looking for alternative sources of yield. However, this too has created problems, with a lot of capital chasing relatively few assets. The popularity of alternative income options has been most evident in the investment trust sector, w...