Issue 84 / May 2022
The uncomfortable truth
Cherry Reynard explains how high inflation can wreak havoc on your retirement plans P . 6-17
Buying into private companies
Businesses are staying private for longer . Peter Singlehurst , head of Baillie Gifford ’ s Private Companies Team , explains why P . 18-25
Bear baiting
Is it better to enter a bear market by drip-feeding money into equities , or taking a safety-first approach ? Anthony Luzio finds out P . 26-35
What to buy when the consumer is under pressure
Henderson High Income Trust ’ s David Smith explores the factors contributing to higher living costs and their impact on households P . 36-41
Light at the end of the tunnel
Daniel Lanyon points to the signs to watch out for that suggest the bear market may be coming to an end P . 42-51
Fund , pension , trust
Heriot Global , Greencoat UK Wind and Polar Capital Global Financials Trust find themselves under the spotlight this month P . 52-57
Rocking up
After a 10-year bear market , the long-awaited commodities rally is here . Adam Lewis asks if it is sustainable P . 58-65
Won ’ t somebody think of the children ?
John Blowers says investment platforms aren ’ t keeping up with the way the younger generation uses technology P . 66-75
Revenue and customers
ES R & M UK Equity High Alpha ’ s Hugh Sergeant names three consumer-focused stocks that are in better shape than their valuations suggest P . 76-77
What I bought last
GDIM ’ s Tom Sparke points to a sustainable fund he says stands out from the crowd P . 78-79