Old West Investment Management significantly increased its energy stock holdings when oil was around $60 a barrel, anticipating a sector rally. Unexpected geopolitical events, including actions against Venezuela and Iran, coupled with a Middle East conflict, propelled oil prices and drove the firm’s flagship fund to a 31% return by late February, outperforming peers.
Stay disciplined in ‘Tempest’ markets; rebalance portfolios, says Jayesh Faria of Motilal Oswal Private Wealth
Global markets are experiencing a ‘Tempest’ phase due to geopolitical tensions and rising oil prices, leading to heightened volatility. Experts advise investors to remain disciplined,