Edinburgh's £1 billion fund manager Bruce Stout raised eyebrows last autumn when he predicted "a lost decade" ahead for Western economies and said there could be no double-dip in the UK because "we have never been out of recession".
Edinburgh's £1 billion fund manager Bruce Stout raised eyebrows last autumn when he predicted \"a lost decade\" ahead for Western economies and said there could be no double-dip in the UK because \"we have never been out of recession\".
vision: Bruce Stout saw the opportunity to diversify away from the UK and target other markets across the globe to boost earnings and dividend growth. Picture: Stewart Attwood
Custom byline text:
saturday interview simon bain
But the long-serving manager of the 105-year-old Murray International investment trust has commanded growing respect since taking over eight years ago. The fund is now being held up as a model by managers at Aberdeen Asset Management in their bid to wrest control of the undeperforming Alliance Trust.
We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules, which are available here.
Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.