Red October Performance Update

//Red October Performance Update

Red October Performance Update

Red October Performance Update

Portfolio Managers John Husselbee & Paul Kim

In the film The Hunt for Red October, the character Captain Ramius (played by Sean Connery) and a handful of Soviet naval officers take more risk than most of us could ever imagine doing.

Late in the Cold War, the officers try to make contact with the US navy in the Atlantic to seek asylum for themselves, along with the newest and most advanced Soviet nuclear submarine. Before successfully making contact, they are hunted by both the Soviet and US fleets, with the latter unaware of Captain Ramius’ intentions. These officers decided the potential long-term reward of escaping the Soviet Union to enjoy the rest of their lives in the US was so attractive that it justified the risks.

Taking appropriate levels of risk to achieve long-term financial goals should be at the heart of all investment decisions and when deciding how to react to significant market, economic and political events. This certainly applies when analysing investment markets’ own Red October last month.

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Key Risks & Disclaimer:

Liontrust Fund Partners LLP (2 Savoy Court, London WC2R 0EZ), authorised and regulated in the UK by the Financial Conduct Authority (FRN 518165) to undertake regulated investment business.

Please remember that past performance is not a guide to future performance and the value of an investment and any income generated from them can fall as well as rise and is not guaranteed, therefore you may not get back the amount originally invested and potentially risk total loss of capital.

This document should not be construed as advice for investment in any product or security mentioned, an offer to buy or sell units/shares of Funds mentioned, or a solicitation to purchase securities in any company or investment product. Examples of stocks are provided for general information only to demonstrate our investment philosophy.  It contains information and analysis that is believed to be accurate at the time of publication, but is subject to change without notice. Whilst care has been taken in compiling the content of this document, no representation or warranty, express or implied, is made by Liontrust as to its accuracy or completeness, including for external sources (which may have been used) which have not been verified. It should not be copied, faxed, reproduced, divulged or distributed, in whole or in part, without the express written consent of Liontrust. For a comprehensive list of common financial words and terms, see our glossary at https://www.liontrust.co.uk/benefits-of-investing/guide-financial-words-terms.

2018-11-16T09:42:13+00:00November 16th, 2018|Market commentaries|