UK Multinationals Attract Global Managers
Despite the UK market's 19.5% total return over the year to date, many remain pessimistic about the domestic outlook due to sticky inflation, middling growth, and concerns over tax rises.
Global managers have identified Reckitt Benckiser, Rolls-Royce, and Halma as compelling UK stocks to consider.
James Harries, manager of the STS Global Growth and Income Trust, attributed the nervous stance to sticky inflation, middling growth, and concerns over tax rises in the upcoming autumn Budget.
- Reckitt Benckiser
- Rolls-Royce
- Halma
Author's summary: UK multinationals attract global managers despite market pessimism.
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