UK Leading Companies manager Richard Hallett warns against backing commodities too heavily.
Marlborough’s Richard Hallett has warned investors against buying into commodities after a 10-year bull run and has instead backed industrials to remain in a sweet spot as the global recovery continues. Hallett, who has delivered top-quartile performance over the past one and three years as co-manager – with Giles Hargreave – of the Marlborough UK Leading Companies fund, said there is more to come from industrials, which are exploiting international growth. “The portfolio is heavily skewed towards stocks that are internationally focused as opposed to companies constrained to the UK an...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
