News about Alex Wright

Even though Wright predicts that the UK economy will quickly fall into recession, he does not believe that this will necessarily drag down the UK stock market. Indeed, he claims that in the case of instability, fund managers and investors have a slew of opportunities to select bargain stocks that might be long-term investments. His argument is that the UK stock market, where the trust is heavily invested, is undervalued both historically and in comparison to other markets.

A word that denotes derring-dooes particular situations. The message seems to be that investors in such funds should be prepared for excitement, not just for setbacks, but also for victories as the managers uncover hidden treasures. However, those looking for such opportunities should be aware that special situations are more of a brand rather than a mission statement. There is no licence to thrill. This may have come as a surprise to thousands of current buyers in such funds, some of whom may have assumed that they were simply supporting unloved and anonymous smaller and medium-sized businesses.