Should Growth Investors Dump UK Stocks and Go Global?

Sanlam Private Wealth's Pieter Fourie says the fact that Woodford is launching a new fund with global focus is a sign that the UK does not provide growth opportunities

Karen Kwok 16 March, 2017 | 9:59AM

For growth investors, global stocks may offer better opportunities than the UK. According to Pieter Fourie, manager of the Sanlam Global High Quality fund, this is because there are less attractive companies available to investors in the UK.

“The sad thing for us as fund managers is we see fewer and fewer good businesses in the UK – even Unilever is not immune from a takeover bid, which was quite scary for us,” Fourie told Morningstar this week.

“That’s why you see investors like Neil Woodford launching a fund with global focus. It is a realisation that global is a much better place to invest than UK itself.”

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Alphabet Inc A1,518.66 USD0.00
British American Tobacco PLC2,920.00 GBP0.00
Diageo PLC2,701.50 GBP0.00
Imperial Brands PLC1,405.00 GBP0.00
Medtronic PLC90.13 USD0.00
Pernod Ricard SA140.50 EUR0.00
Sanlam Global High Quality C GBP Acc2.22 GBP0.01
Unilever PLC4,215.00 GBP0.00

About Author

Karen Kwok

Karen Kwok  is a Reporter for Morningstar.co.uk

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