There are still opportunities in the UK market despite a low level of economic growth, according to Slater Investments' CIO Mark Slater.
Slater, who runs the £10m MFM Slater Growth fund, said he will continue to invest in niche growth companies and steer clear of investments exposed to consumer confidence and government cuts. Slater said his investment strategy is “strangely bullish” as he searches for businesses that offer the prospect of reliable growth at an attractive price. “I do not want to be exposed to the consumer or to government spending cuts because it is just like tossing a coin,” he said. Slater is avoiding areas which will be hampered by the VAT rise at the beginning of next year and said, due to this...
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