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30
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26
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IN THIS ISSUE
30
6
26
22
PULLING THE PLUG Anthony Luzio finds out when you should call time on a fund you own P . 2-5 / CROUCHING TIGERS , HIDDEN DRAGON China appears not to have learnt the lessons of the Asian debt crisis in the late 1990s , writes Janus Henderson ’ s Mike Kerley P . 6-7 / THE SUBSTITUTE Emily Perryman finds out what you should do with the profits you make from the sale of assets P . 8-10 / WE ARE RESOLUTE James Anderson of the Scottish Mortgage Investment Trust discusses the importance of having faith in your convictions P . 12-13 / THE NEVER-ENDING STORY Daniel Lanyon asks if there are any funds you should never sell out of P . 14-16 / FUND , PENSION , TRUST TM Cavendish AIM , Baillie Gifford Japan and Neptune Income find themselves under the spotlight this month P . 18-20 / BACK-UP PLAN Investors pulling money out of the IA UK All Companies sector may wish to consider putting it back into the closed-ended equivalent where discounts are widening , writes Adam Lewis P . 22-25 / TOO CLOSE TO HOME John Blowers reveals some uncomfortable truths about the type of social life you will be able to afford with the average UK pension pot P . 26-28 / BOUNCING TECHS EdenTree ’ s Thomas Fitzgerald says sell-offs in blue-chip technology stocks often represent a buying opportunity for longterm investors P . 30 / WHAT I BOUGHT LAST Fidelity ’ s Eugene Philalithis reveals why he has bought M & G European Loan for his Fidelity Multi Asset Income fund P . 31