Liontamer confident of market

Published: 11:13AM Thursday April 15, 2010

Source: NZI Business

Tools: Email Print Text Size

Janine Starks - Source: NZI Business

Watch Video NZI Business April 15: Liontamer looks to the future (03:12)

Local fund manager Liontamer believes market conditions have improved enough for it to start providing a global investment fund that is capital protected.

Janine Starks from Liontamer Investments says this means investors can benefit from all the upside in the fund while being assured that their capital will be returned if the market fails.

Starks told NZI Business the markets are starting to look a lot more stable after positive moves in the last year. She says the worldwide climate is largely one of loose monetary policy but tight fiscal policy and history shows that tends to be positive for equity markets.

And she says good research from the likes of Standard & Poors shows there tend to be three year gains after a big crash.

"We believe investors need to be in, not sitting on the sideline, despite short-term worries," says Starks.

However she says recent big gains can't be sustained and while markets in a panic often fall very fast, they also tend to bounce very quickly.

It's much nicer to be in a calm, steady environment again, says Starks.

She says the global investment fund has a good mix, with about half in the US and the rest in the UK, Europe, Hong Kong and Japan. Liontamer is offering two unit classes, with one offering full protection in which investors get 100% of the upside in markets while unprotected units offer 145% of gains.