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Waverton reduces cash in portfolio re-balance

News Team, 19/08/2022

Waverton’s managed portfolio service (MPS) team has re-balanced its portfolio to reduce cash while maintaining a neutral exposure to equities.

In recent months, portfolios have seen their cash balances rise, therefore Waverton will be redistributing its cash across asset classes.

It believes the most effective and efficient means of aligning the portfolios with the asset allocation guidance is to reduce the five percent cash weight within its Waverton strategic equity ...


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