Conditions could lead to return of Nifty Fifty

ON UK GROWTH

The volatility we are currently experiencing make for a far from easy time in managing a portfolio.

It is seemingly the case one set of companies is required for one day, and another the next. However, a number of companies – including well-known names such as Diageo and GlaxoSmithKline – have succeeded in outperforming throughout the year against a backdrop that is inauspicious. If expectations that we will remain in a low growth environment for the foreseeable future prove to be correct, then it is quite likely that these companies will continue to outperform, perhaps leading the way to a return of the ‘Nifty Fifty’. This was the name given to a group of large-cap US stocks that outp...