David Hughes: Yes. Gold, fine wine, agricultural land in Sierra Leone and memorabilia. I have invested in VCTs over the past 5 years, primarily to get the upfront tax relief.
Maurice Lawson: No.
Simon Tizard: No. I avoid alternative investments – I stay away from what I don’t understand.
Questions:
Which asset class do you favour?
Which region do you favour, if any?
Do you hold any "alternative" investments? (wine/cars/art)
Did you make any big changes to your portfolio in 2010?
Where do you find your investment ideas?
What has been your most profitable theme in the last five years?
What's the biggest investment mistake you've made in the last five years?
Who do your respect most as fund manager, and why?