Investability portfolio update: a cruel April

The portfolios stood up relatively well in tough markets – but some holdings need slicing

Photo by Joshua Woroniecki

I’m not sure why TS Eliot thought that April was the cruellest month. A Lloyds banker by trade, the poet will have been well aware that stock markets generally do quite well in April, and that it is only in May that investors should consider selling up and going away until the St Leger’s Day horse race in early September.

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