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Performance review: why VWM Wealth’s Thomson is buying UK small caps
by Elsa Buchanan on Mar 13, 2014 at 12:39
‘We’re giving Japan serious consideration again, as I think Abenomics could work and there could be a lot of money to be made, but at the moment I’m not a great fan,’ he added.
In more defensive portfolios, Thomson has taken profits from ‘UK larger caps funds’ and the Vanguard Corporate Bond tracker, rotating into Standard Life UK Property .
Over the last 12 months, the VWM Balanced model has returned 12.08%, outperforming the IMA Mixed Investment benchmark, which rose 7.87%.
Thomson warned the FTSE could remain ‘flat until at least the summer’. However, he anticipated the index could reach 7,300 before year-end, with returns averaging 10%.
Buy: UK physical property
The late economic cycle investment provides good income stream, and is relatively stable
Sell: the Far East
I’ve sold over concerns about China’s slowdown. Fortunes of both emerging markets and commodities are tied to it.
Hold: Smaller companies
They’ve had a good run and there is still some more to go for, as economic conditions continue to improve
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Look up the funds
- AXA Framlington UK Mid Cap Z Acc
- Liontrust Special Situations Fund (R)
- SVM UK Growth A
- Ignis European Smaller Companies A Acc
- GMP Senhouse European Focus R
- HSBC American Index Inc
- Fidelity MoneyBuilder US Index A Acc
- Standard Life Inv UK Property (PAIF) Ret Acc
- Baillie Gifford High Yield Bond A Inc
Look up the shares
Look up the fund managers
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- Simon Moon
- Chris St John
- Anthony Cross
- Julian Fosh
- Margaret Lawson
- Colin McLean
- Ian Ormiston
- Chris Garsten
- Robert Baltzer
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On the road
by James Phillipps on Jul 25, 2014 at 14:49