An investment in the proceeds of lawsuits is an interesting counter-cyclical play
Michael Murray bought shares in litigation funder Burford Capital
Traditional investors who diversify their investment portfolio usually build one containing a mix of equities, property, bonds, and cash. But unearthing opportunities to invest in counter-cyclical equities can be difficult. There are few enough of them.
Recently, I found one that tempted me: AIM-listed Burford Capital. I purchased the shares following sparkling interim results. Earnings for the half year had increased by 88 per cent and operating profit by 117 per cent. Since ...
