CYB has gained some momentum recently - where to next?

James Gerrish

Market Matters

Direct From The Desk – I took a quick look at CYB today and outlined some of the reasons why it’s been strong in recent times – largely comes down to interest rate expectations in the UK and they’re highly leveraged to it. A 1% hike in rates in the UK gives CYB earnings a +30-40% boost. We have 10% of the MM Platinum Portfolio in CYB and enjoying the ride. I cover our target level in the update below.

 


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James Gerrish
Portfolio Manager
Market Matters

James is Portfolio Manager & Primary Author at Market Matters, a daily investment report with over 2500 subscribers that offers real market insight. He is also Senior Portfolio Manager within Shaw and Partners heading up a team that manages...

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