Credit fund looks set for another good year

This led the fund to decide to list on the London Stock Exchange, something he believes makes Liontrust one of the most transparent – and best known – credit funds around. “We fully document and back-test all our investments,” he says.

“We’re a hedge fund and we’re different because we really hedge. In bull markets we do a lot of shorting and in bear markets we go long and protect our investors’ capital,” explains Thorp.

To achieve its returns the fund looks at companies in great detail. “We look