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SVM's Veitch: two UK housebuilders still offering value
by Robert St George on Feb 21, 2014 at 12:09
Neil Veitch, a Citywire + rated equities manager at SVM, shares his expectations for the world’s stock markets with Wealth Manager.
In particular, Veitch highlights two pockets of value that remain in the popular UK housebuilding space.
Over the past three years, his £109 million UK Opportunities fund has returned 38.1% compared with 31% from the FTSE All Share index.
Veitch’s World Equity fund has also outperformed, with a 33.6% return through the same period against 27.2% from its MSCI All Country World benchmark.
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by James Poulter on Mar 11, 2014 at 09:00