The FSA Spy market buzz – 26 April 2024
Golden mystery, Next big Healthtech thing, Plastic everywhere, The Magnificent Seven wane, Dreary fund presentation hell, Putting The Economist in its place, A touch of Shakespeare and much more.
The Bluebay fund receives a Morningstar analyst rating of Neutral, while the Western Asset fund receives a Bronze analyst rating.
Morningstar’s analyst rating is a forward-looking analysis of a fund.
Dash does not prefer one fund over the other given the differences in their objectives.
“Both funds are trying to get something different. The Western Asset fund is about maximising total return with a lot of volatility, while the Bluebay is supposed to be an absolute return fund.”
Both funds also cater to different investors.
The Bluebay fund is one possibility for investors who want steadier returns with low volatility, while the Western Asset fund is a consideration for investors who are looking for higher returns and at the same time can stomach higher volatility, he said.
Golden mystery, Next big Healthtech thing, Plastic everywhere, The Magnificent Seven wane, Dreary fund presentation hell, Putting The Economist in its place, A touch of Shakespeare and much more.
Part of the Mark Allen Group.