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By Simon EDELSTEN, co-manager of the Artemis Funds (Lux) - Global Select at Artemis IM.
Stuffed in a memento box on my shelves at home somewhere I have an invitation to a wake that never happened. It was an open-dated invitation to a drinks party in the City, sent in early 1985, to take place the day the pound sank to parity with the dollar. On 6th February sterling hit a nadir of $1.05. I am still waiting for my wine.
Sterling's recent fall encourages me to search out that invitation. It also reminds me that I am growing older. But age does give you a larger frame of reference. The world looks bleak but some of us have been here before.
Today I am looking and asking, have markets tumbled enough to look tempting? If you buy...
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