Issue 76 / September 2021
Between a rock and a hard place
Anthony Luzio asks if the potential gains available in commodities outweigh the risks for investors P . 6-17
Why companies should embrace chaos
Gary Robinson , co-manager of the Baillie Gifford US Growth Trust and Baillie Gifford American fund , takes lessons from a pioneer of controlled chaos P . 18-23
School of rocks
A selection of experts reveal to Adam Lewis which commodities they think could see a price surge in the coming years P . 24-30
Losing its shine ?
Volatility and rising inflation should have played into gold ’ s hands over the past 18 months , so Cherry Reynard asks why its price has fallen P . 32-38
Fund , pension , trust
Trium Sustainable Innovators Global Equity , City of London Investment Trust and
BlackRock Greater Europe IT find themselves under the spotlight this month P . 40-45
Going south ?
As the IA launches a sector focused on Latin America , Danielle Levy asks if it represents a buying opportunity or a value trap P . 46-53
Computer says no
John Blowers finds out that 25 % tax-free lump sum you can take from your SIPP may not be as accessible as you first thought … P . 54-63
The sum of all fears
Edward Blain of the Orbis Global Equity fund names three UK stocks investors appear to have an irrational aversion towards P . 64-65
What I bought last
Waverton ’ s Luke Hyde- Smith says GMO Climate Change aims to profit from the little-understood role that natural resources have in the renewable energy transition P . 66-67