Irish market continues to strengthen - Williams

The Irish market is continuing to strengthen, according to Gervais Williams, manager of Gartmore's I...

The Irish market is continuing to strengthen, according to Gervais Williams, manager of Gartmore’s Irish Growth fund. Williams believes GDP of around 5.5% is expected in the country this year. “A key engine of growth for Ireland is the national development plan or NDP, of which a significant element will be spending on infrastructure,” he said. Key stocks Willliams favours for his fund include Ryanair, which is well-positioned to enjoy favourable trading conditions given the very limited supply of short-haul aircraft in Europe, he said. Williams believes food stocks are set to perform...