Five market plays following the summer sell-off
By International Adviser, 1 Sep 15
Hargreaves Lansdown’s Laith Khalaf and Axa Wealth’s Adrian Lowcock on which markets to invest in and how to access them.
“UK equity income is interesting at the moment,” said Khalaf. “The equities sell-off has produced some income opportunities, and UK equity income is looking relatively attractive given where bond yields are.
Lowcock added: “The sell-off over the summer has been broad-based and indiscriminate, affecting the majority of stocks in the UK market. This means that some good quality companies have been oversold and now look attractive once again. The UK economy continues to remain healthy and with a positive outlook.”
Khalaf – Artemis Income
“Artemis Income is managed by a long-standing team – Adrian Frost and Adrian Gosden – who have a successful track record of delivering a growing dividend stream and strong total returns, outperforming because of their stock selection process.”
Lowcock – JO Hambro UK Equity Income
“The fund has a domestic focus because the managers, Clive Beagles and James Lowen, focus on mid and smaller companies,” said Lowcock.
“In doing so they have avoided the oil and mining bias which appears in the FTSE 100. The managers believe dividends give a fairer reflection of a company’s true value – they will only invest in companies yielding more than the FTSE All Share, and sell out once a yield falls to that level. The fund currently yields 4.3%.”
Tags: Income | Investment Strategy
