In this video, Alex Crooke, Fund Manager for the Bankers Investment Trust, discusses the decision to increase the Trust’s borrowings, performance over the last few months, areas where he is finding opportunities and the rotation between value and growth stocks.

Key Takeaways

  • Alex has increased borrowings for the Bankers Investment Trust by issuing long term debt both in sterling and euro terms at a pricing he considers attractive.
  • Underlying performance should recover as coronavirus cases decline, lockdown restrictions (globally) are eased and economies reopen.
  • Value sectors started the year on a positive note supported by higher inflation expectations and cyclical trends. However, growth sectors have rebounded as the market and central banks currently view the recent current uptick in inflation as transitory.