Neptune's Felix Wintle has been rotating his portfolio into domestically-focused US equities as he predicts names linked to the consumer will power the economic recovery.
Wintle (pictured), managing the £390m Neptune US Opportunities fund, has built up positions in a number of stocks including airlines, railways and the housing sector. Speaking at Investment Week's Senate Investment Conference in June, the manager said he has put almost 20% of the fund into homebuilders, mortgage services, home retail and construction. He began buying in to these names in 2011 and this has worked well for the portfolio so far, according to Wintle. Holdings in the transport sector include rail operator Canadian Pacific, and Delta Airlines, which has returned 100% for Wi...
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