Posted inMultiMedia

Adapting to market risk as a bottom-up manager – Nick Sheridan explains

“When I think the market offers exceptional opportunities, I will be down at 40 stocks,” he says. “When I think the market has more risk than normal in it, I will be out to 50 stocks.”

“I’m now at 49 stocks which tells you there is a bit of elevated risk, but if the market were to have a correction on some of that risk, that would actually be a good buying opportunity. I then would narrow the fund down to 40 stocks.”

Part of the Bonhill Group.