Coombs: Five funds I am buying to exploit global growth

David Coombs, head of multi-asset investments at Rathbone Unit Trust Management, has bought a number of new funds in the last few months as he rejigs his portfolios to focus on global growth.

The manager is particularly bullish on US equities, small and mid-cap stocks across the world and Japanese equities. To balance these moves, he has been reducing exposure to equity income strategies, expecting growth strategies to outperform as economic recoveries around the world gather pace. "In a global recovery, markets will start to look for earnings growth and focus less on dividend yields, so mid- and small-caps will outperform," Coombs said. Below, he has named five funds that he has bought, or plans to add to the portfolio, to play these emerging themes. Slater Growth ...