Jupiter's Undervalued Assets unit trust, launched last week, is running with a portfolio of around 5...
Jupiter's Undervalued Assets unit trust, launched last week, is running with a portfolio of around 50 stocks with a focus on transport and housebuilding sectors. The fund, which is being run by Adrian Paterson, looks to invest in UK stocks which have been undervalued by the market in the wake of the boom in technology, media and telecoms stocks. Paterson is also favouring sectors including engineering and food manufacturing. He said: "We are looking to invest in old economy stocks which people have forgotten about which are on low P/Es. The sort of companies in the fund will typically be ...
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