For Fairtree’s Jacobus Lacock, the Most Important Quality for a Fund Manager at the Moment is Flexibility
‘In the current environment, you must have the ability to change very quickly when the macro environment changes,’ said Lacock, who co-manages the Fairtree Balanced Prescient Fund. He added that while there are a range of risks that warrant a more defensive stance, managers can’t ignore the opportunities. ‘What stands out when we look at …