A recent article from Michelle McGagh in Citywire Wealth Manager discusses Personal Assets Trust’s increased exposure to UK index-linked bonds, as well as the trust’s new position in Heineken. The purchase of Heineken is a good example of PAT’s equity selection process, which focuses on buying quality businesses when the market is looking the other way. ‘’The bear market, which began in stock markets at the beginning of 2022, has some way to go, we are positioned accordingly but are prepared to shift more positively as and when we see improved valuations.’’ You can read the full article here: https://lnkd.in/ec_i3man
