Fund Focus: 'Dividend hero' steers a cautious course through choppy waters



Though fund manager Sue Noffke does not hold as much cash in her trust as investment guru Warren Buffett does in his business, Berkshire Hathaway, she shares his concerns that opportunities today are few and far between.
Noffke, a longstanding fund manager with investment giant Schroders, believes the UK stock market is fully valued, in much the same way that Buffett thinks US equities are overpriced, leading him to leave $100 billion (£77 billion) on the sidelines.
It explains why the Schroder Income Growth Fund she runs has positions in only 40 firms against 55 recently. ‘There just... read more

 
13 August 2017 in Business, Views: 72
Source: Daily Mail
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