SVM warns about debt in the slowing economy

SVM's Colin Mclean warns investors must learn how to assess debt risks and companies need to give c...

SVM’s Colin Mclean warns investors must learn how to assess debt risks and companies need to give clearer disclosure as the economy slows. The group’s managing director said companies must provide more timely and comprehensive information on debt and cashflows need to be examined carefully. “Investors should look closely at companies that have returned capital in the past five years, bought back significant amounts of shares, or made acquisitions for cash,” he added. “Persistent losses might also have created problems, and it is worth spending more time now on examining cashflow statemen...