Richard Robinson, manager of the Ashburton Global Energy fund, has said US President Donald Trump’s rhetoric will do little to stop oil price rises, which could even spike beyond $120 a barrel by the end of next year.
Investec Asset Management’s Hanré Rossouw, co-manager of the £1.1bn Investec Global Gold fund, has left the firm.
Is it too late to benefit from the oil price rally? The valuation of oil stocks – oil service companies in particular – remain attractive.
Sheridan Admans, investment manager at The Share Centre, comments on global markets and what he believes is in store for the remainder of 2018.
Lazard Asset Management is set to launch a global commodities fund investing primarily in futures as well as stocks.