“When we started SCM we wanted our own family money managed in a certain way,” notes fund manager and founding partner of SCM Private Alan Miller. “We wanted a high-liquidity, low-cost portfolio.”
Miller believes keeping portfolios liquid is important so that it is possible to change asset allocations quickly as well as to redeem a client’s assets into cash. This is why the company only invests using exchange traded funds (ETFs).
“Exchange traded funds are enjoying high growth in Europe,” says Mi
The week on Risk.net, July 14–20, 2017Receive this by email