Stocks able to perform despite belt-tightening

ON UK GROWTH

clock

PSigma's Neil Cumming says stockpickers can perform despite the delicate state of the economic recovery.

While the UK government’s meaningful ‘belt tightening’ has addressed the Budget deficit, the economic recovery is still delicate and interest rates are likely to stay at low levels. Elsewhere, the markets are faced by the uncertainty of the fate of the euro, the second tranche of US QE along with the threat of possible deflation or inflation driven in part by food and energy costs. Our core assumption of global population growth remains. So our fund is seeking companies that can prosper in macroeconomic conditions helped by their own competitive position. We are seeking a balance betw...

To continue reading this article...

Join Investment Week

  • 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

Join now

 

Already an Investment Week
member?

Login

More on UK

Small-caps look to “boost their future cash surplus” during recession.
UK

Miton's Gervais Williams: Recession may favour 'immature businesses'

FTSE Small Cap down 15% year-to-date

clock 29 June 2022 • 2 min read
The fall in sales volumes over the month was because of food stores, which fell by 1.6%.
UK

UK retail sales slip in May as consumer confidence falls to lowest on record

Shoppers cut back on food spending

clock 24 June 2022 • 2 min read
"UK is at a crossroads"
UK

Average global funds hold a third less in the UK than before Brexit

Brexit risks still an issue for managers

clock 23 June 2022 • 4 min read
Trustpilot