e-fundresearch.com: Let us take a look back to the year 2016: From Brexit to Donald Trump - what are your personal lessons learned from last year’s market developments?
Harry Lengsfield: Expect the unexpected. Well-designed tail oriented strategies were additive in 2016 and we believe are likely to increase in value as we face an environment of potential fiscal spending, the end of QE, an active US Fed, and a change in the executive office in the USA.
[/infoBox]e-fundresearch.com: How did your strategy manage to perform during last year's environment and which particular investment themes have delivered the strongest performance contribution?
Harry Lengsfield: Diversification was a very helpful factor in 2016 as different portions of the portfolio performed well during different times throughout the year. Succinctly stated, many risk averse strategies performed well over the first 6 months, and strategies focused on reflation and risk on fared very well during the latter half of the year.
e-fundresearch.com: With regards to the new year 2017: How optimistic is your view into the future and to what extent will your strategy be able to benefit from this market environment?
Harry Lengsfield: We are very optimistic as we feel nimble, diversified strategies will outperform passive strategies in this new world of economic and geopolitical event risk.
e-fundresearch.com: Thank you, Mr. Lengsfield.
