Market experts to share views on investment opportunities
INVESTORS have the opportunity to find out where they can get the best chance of a return on their money from two leading market experts at an upcoming event hosted by TheBusinessDesk.com.
We have teamed up with Investec Wealth & Investment for a special breakfast seminar featuring Chris Hills, chief investment officer with Investec Wealth & Investment, and James Henderson, who manages four investment trusts worth more than £1.25bn for Henderson Global Investors, specialising in UK manufacturing and industrial companies.
They will be speaking at the event on Wednesday May 15 at the DoubleTree by Hilton hotel in Leeds.
Discussions will focus on where investors can find the best chance of a return on their funds as the UK economy starts to recover.
The stock markets are normally viewed as forward looking indicators, and as equity markets are now attaining new high ground since the credit crisis began the seminar will ask whether this presage will spark an improvement in the economy.
Mr Hills said: “Equity markets have rallied strongly since last summer and such gains often presage an economic revival.
“Economists however are forecasting growth in developed countries to remain anaemic so are they wrong or are investors too bullish? Might they both be right?”
The seminar follows a successful event held in Sheffield last month, where Mr Henderson, divisional director, UK investment for Henderson Global Equity Team, gave the audience a portfolio manager’s view of UK industrials and explained why the sector had been unloved by investors.
He said that over the last 10 years shares in the UK industrial sector have significantly outperformed the FTSE All Share Index but stretched over 20 years from 1993, they have underperformed against the index.
“Why don’t people want industrials? Some of it is a macro argument, the other is the historic view over 20 years – the baggage we still carry. People believe in the cyclicality,” said Mr Henderson.
He added: “This slowdown hasn’t been about industrials, it’s about the consumer addressing their debt position and the financial services industry addressing their issues.”
David Parkin, founder and managing director of TheBusinessDesk.com, will host the event.
Event details:
Venue – Doubletree by Hilton, Granary Wharf 2 Wharf Approach, Leeds LS1 4BR
Date – Wednesday 15 May 2013
Time – Arrival at 7:30am. Seminar will run 8am – 9am
Breakfast will be available from 7:30am
Car parking is available onsite.
Places are limited and will be allocated on a first-come-first-served basis. To register please email Stephanie.Higgins@TheBusinessDesk.com.
