Investor With 30% in Cash Says North Korea Selloff Will Come

Investor With 30% in Cash Says North Korea Selloff Will Come — That’s the view of Nader Naeimi, who heads a dynamic investment fund at AMP Capital and helps manage about $110 billion.

The Sydney-based investor has about 30 percent of his holdings in cash, an allocation to gold and is short emerging-market currencies versus the dollar. His fund has beaten 77 percent of peers over the past year.