Bolton focus on old economy stocks

clock

Investors should lock in their growth profits now and gain a higher exposure to value stocks, accord...

Investors should lock in their growth profits now and gain a higher exposure to value stocks, according to Anthony Bolton, fund manager of Fidelity's UK Special Situations. Speaking at Fidelity's investment conference last week, Bolton said in the early part of 2000 there had been some good opportunities around for value-orientated investors at attractive valuations. Bolton currently has 75% of the Special Situations fund in old economy areas such as housebuilders, ports, tobacco, property and airlines, which have been marked down to what he considers cheap valuations. He said: "I have p...

To continue reading this article...

Join Investment Week for free

  • 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 Investment

Partner Insight: What You Should Know About Quant Investing

Partner Insight: What You Should Know About Quant Investing

Federated Hermes
clock 07 July 2025 • 4 min read
7IM's Ben Kumar: When behavioural biases are not all they seem

7IM's Ben Kumar: When behavioural biases are not all they seem

Investment identity more important

Ben Kumar
clock 02 July 2025 • 3 min read
Aegon AM launches UK-domiciled global income fund

Aegon AM launches UK-domiciled global income fund

In response to client demand

clock 27 June 2025 • 1 min read
Trustpilot