Investing in Trump’s America | Citywire NMA article

Chris Wyllie, our Chief Investment Officer was recently interviewed by Citywire New Model Adviser about his current thinking around the opportunities and challenges being thrown up by the new Trump administration. He and a number of CIOs shared their thoughts.

This was Chris’s response and a link to the full article can be found below.

Chris Wyllie, meanwhile, CIO at London-based NMA Top 100 advice firm Connor Broadley, is concerned that the past decade’s ‘super normal returns’ mean a ‘risk of fade and a reversion to the mean’, but the firm is not yet seeing strong evidence that US equities’ lightning run is over.

The advice firm is relatively overweight to the US and holds passive trackers for its large-cap exposure. For small and mid-caps, Wyllie uses two funds in tandem: Fisher US Small and Mid-Cap Core and the VT De Lisle America.

‘Long term, they both perform, and they perform at different times,’ he said. The De Lisle fund, managed by Citywire A-rated Richard de Lisle, ranks 7th out of 82 funds in Citywire’s Equities – US Small & Medium Companies sector over the last three years.

Wyllie accepts De Lilse’s ‘very particular style’ and willingness ‘to go smaller than a lot of other managers’ for value, but backs the merits of the stockpicker’s eclecticism.

To read the full article click here.