View the article online at http://citywire.co.uk/wealth-manager/article/a761457
Performance review: Close Bros swaps bonds for equities
by Eleanor Lawrie on Jul 11, 2014 at 11:32
Curtin is quietly optimistic this will take place. ‘Politicians are going for growth, markets are going higher and my sense is that we will then pause and see earnings growth come through,’ she said.
Curtin became CIO at CBAM in 2010 after occupying the same role at Fortune, a Close Brothers subsidiary. She also heads the bespoke investment management team.
Healthcare: ‘We like healthcare stocks as they have good dividend yields and solid balance sheets.’
Consumer defensives: ‘We will always have a position in Nestlé and Unilever but they do not represent excellent value.’
Facebook: ‘We do not like highly priced equities like Facebook, where we have a lot priced in and if they disappoint that is a long way down in the elevator.’
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on Aug 01, 2014 at 12:55