Laura Foll, deputy fund manager of the Lowland investment company, explains why she is taking another look at the supermarket giant.
Strong structural growth and domestic earnings
In tandem with global equities, the UK market has declined 16% from its April peaks. Volatility has spiked and confidence has collapsed.
After years of pegging its currency to the dollar, China has taken the unexpected step of allowing its currency to depreciate. It is unclear exactly how much the renminbi will be allowed to fall, but there have been tangible consequences on global investments...
Anthony Cross, co-manager of the Liontrust Special Situations fund, argues investors may need to show substantial resolve when picking stocks for the long term.