Monday Scrutineer: Lyon Roars in the Finest Rushbrook Tradition
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Summary
THOSE who thought the passing of the late great Ian Rushbrook would bring a change in style, outlook and direction at the iconoclastic Edinburgh-based Personal Assets Trust will be quickly disabused by the latest annual report.
Not only has the trust's new adviser, Sebastian Lyon, maintained a highly-cautious investment stance, but the style of delivery is also very much in the Rushbrook mould. Not for PAT the bland nostrums that pervade other fund manager reports: "Some evidence of green shoots ... long-term appeal of equities ... we view the future with cautious optimism."See the full content of this document
Extract
Monday Scrutineer: Lyon Roars in the Finest Rushbrook Tradition
The thunderbolts are still being hurled from the St Colme Street pulpit at Alan Greenspan, Gordon Brown, clueless politicians and weak central banks that have succumbed to the inflationary poison of "quantitative e...
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