UK Multinationals Attract Global Managers
Despite the UK market's 19.5% total return over the year to date, most global managers remain pessimistic about the domestic outlook.
James Harries, manager of the STS Global Growth and Income Trust, attributes this nervous stance to "sticky inflation, middling growth and concerns over tax rises in the upcoming autumn Budget."
- Reckitt Benckiser
- Rolls-Royce
- Halma
Global managers pick the UK stocks that can perform well from here on.
Author's summary: Global managers favor UK multinationals.
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