Update research from QuotedData

RNS Number : 3479H

CQS New City High Yield Fund Ltd

14 November 2018

 

CQS New City High Yield - Update research from QuotedData

14^th November 2018

Escalators do not go to the sky!

Ian "Franco" Francis, the manager of CQS New City High Yield (NCYF), says that although markets seem buoyant, investors should be warier than they are. He sums this up with a quote from his former boss, who cautioned him by saying "Escalators do not go to the sky". This is not to say that there aren't any opportunities in the market (for example, currently he sees these in the financials and discount consumer retail sectors), but investors must be selective and position themselves appropriately.

Full research:

https://quoteddata.com/research/cqs-city-high-yield-escalators-sky-2/

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