Church House UK Equity Growth eyes FTSE 250's 'bouncebackability'

Managers confident of UK's resilience

clock • 2 min read

Church House UK Equity Growth has bolstered its exposure to domestically-focused FTSE 250 consumer stocks at the expense of larger, international peers, in efforts to capture the best of the UK's "bouncebackability".

Speaking to Investment Week, co-managers Fred Mahon and Rory Campbell-Lamerton said they had taken advantage of 2020 volatility to purchase a series of names that had been on their "watch list" for some time and became cheaper amid an indiscriminate sell-off. Not all earnings are created equal: Online retailers, gaming and diagnostics emerge as winners of 2020 "From a top-down level, we have moved away slightly from FTSE 100 international businesses into more FTSE 250 domestic businesses, such as Trainline, JD Sports, Greggs, Barclay Group and Young's," said Mahon. "We have taken o...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Equities

Partner Insight: Attractive yields but narrow spreads - The credit dilemma

Partner Insight: Attractive yields but narrow spreads - The credit dilemma

Arif Husain, Head of International Fixed Income and Chief Investment Officer, Fixed Income at T. Rowe Price
clock 14 February 2024 • 4 min read
Partner Insight: US SMID - Seven questions answered

Partner Insight: US SMID - Seven questions answered

After a bumpy 2023, small- and medium-sized US companies are now in a good place to outperform in 2024, argues fund manager Mark Sherlock.

Federated Hermes
clock 12 February 2024 • 6 min read
Equity funds gather highest inflows in three years as investor confidence returns

Equity funds gather highest inflows in three years as investor confidence returns

Calastone Fund Flows index

clock 07 February 2024 • 3 min read
Trustpilot