Moving into sector specific funds is a challenge. Managers may find they are insufficiently informed about a sector to trade it successfully. Most managers only move into a sector if the knowledge and expertise is solid.
Tim Weir of Wessex Asset Management (WAM) has been running resources hedge funds since 1983. His colleague Peter Chesterfield, with whom he created Wessex, is a geologist and a mining analyst by background.
Weir came into resources with an economics background. Although the first
The week on Risk.net, July 14–20, 2017Receive this by email