Talking Money: Fund manager Chris Rice on the coming downturn
Fund manager Chris Rice expects a downturn as unemployment and interest rates turn
In the latest Money Makers podcast, Jonathan Davis talks to fund manager Chris Rice, one of the founders of Sanditon Asset Management, a boutique investment management firm led by three experienced and highly regarded fund managers who previously worked at Cazenove Capital. The trio follow a business cycle investment approach, designed to profit as the economy moves from recession to growth and back again. After a tumultuous year of political change, my obvious first question to Mr Rice in this phone conversation was “how will Trump’s election, Brexit and other recent chocks change the outlook for investors”? He has a clear view on which sectors and asset classes will do well as the latest cycle moves towards a climax.
These podcasts are the latest in a series of free regular interviews with prominent figures in the investment world, brought to you by Money Makers. You can sign up here to be notified about the next podcasts in the series, which are free to air – or subscribe on iTunes and other podcast services. Jonathan Davis, the founder of Money Makers, is also the founder of Independent Investor, a sister publishing and newsletter business. An active professional investor, he is a Senior Adviser at Saunderson House, a Member of the Chartered Institute for Securities and Investments and the author of several books about professional investors. More details at www.independent-investor.com.
Chris Rice was head of European equities at Cazenove Capital Management from 2002 to 2013, having joined Cazenove from HSBC Asset Management where he held a similar position between 1997 and 2002. Prior to HSBC, he was a Japanese and European fund manager at Scottish Amicable Investment Managers. Chris graduated from the University of Salford with First Class Honours in Finance and Accounting and also has a MPhil in Monetary Economics from the University of Glasgow.