News Archive

According to Ian Williams, manager of the City Financial Strategic Gilt Fund, the time for speculative consideration over a possible recession is past, and IFAs need to start focusing on solutions that will protect their investment portfolios as the UK heads into full-blown recession.

As recently as a month ago, the number one concern on everyone’s lips was inflation, while all evidence was pointing towards recession. However, with oil prices falling substantially this week, unemployment rising markedly, and wage-demand strikes underway, people need to acknowledge that the economy is facing a sustained economic downturn – we are in recession. With this in mind IFAs must stop speculating and take action to safeguard their clients’ assets.

"The news needn’t be all bad. While a recessionary backdrop is cause for concern in other asset classes and certain sectors, it is in fact extremely favourable to the UK gilt market. It would be very unusual to have a recession and not see gilts do well" said Williams. “As the equities market continues to slide, we expect to see a large institutional shift into government bonds. When that happens, investors in gilts should benefit."

Ian Williams is the manager of the top-performing City Financial Strategic Gilt Fund. Unlike conventional gilt portfolios, taking a passive, long-term approach that can only deliver in line with the average yield, the City Financial Strategic Gilt Fund provides an actively managed portfolio of gilts. By tailoring portfolio fund duration to the market conditions, coupled with a system of underwriting options, Ian Williams’ fund is uniquely positioned to provide a return to investors tired of the turmoil in the equities market.

For more information about the City Financial Strategic Gilt Fund click here.
Read the ifaonline article here.