View more on these topics

Investment companies reveal growth tips for economic downturn

Investment company managers believe the energy, online retail, tobacco and infrastructure sectors are best positioned to weather an economic slowdown, according to an AIC report.

The report, published today, collates investment company managers’ views on the UK’s economic outlook and pinpoints specific sectors and companies which could outperform the market in a downturn.

ING UK Real Estate Income Trust manager Michael Morris believes property could provide good returns despite the recent furore over falling house prices.

He says: “The majority of UK leases have an ‘upwards only rent review clause’, which means that unless you see tenant default, for the duration of a lease investors are protected from falling rents even in a market downturn.”

Morris is also bullish on healthcare and infrastructure, sectors which are driven by factors other than the economy and “should hold up well during a period of weak growth.”

The Association of Investment Companies communications director Annabel Brodie-Smith says: “The defensive sectors should do relatively well during a slowdown but there will also be opportunities for other companies to benefit through perhaps buying cheaper assets, winning new customers or advising those who are experiencing difficulties.”

Recommended

Mixed messages

Pundits continue to put out confusing messages about the state of the market and the outlook for the future.

Help, I’ve been appointed as a trustee. What are my responsibilities?

Graeme Robb, Technical Manager at Prudential looks at the key duties and responsibilities of a trustee.  This article will consider the following: Duties to be performed on appointment Investment duties Protecting the interests of beneficiaries Keeping accounts and records Distributing property to beneficiaries Duties to be performed on appointment Obtain a copy of the trust […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com