Investment trust Personal Assets (LON:PNL) has revealed it shifted around 10% of its portfolio into short-dated JGBs (Japanese government bonds) last year. The move, a first for the company, adds exposure to the Yen, which is ‘the cheapest it has been for four decades’ according to the managers. ‘Winning by not losing’ The trust, which … Continue reading Personal Assets develops a yen for JGBs