Resilient UK Multinationals
Global managers have identified three resilient UK multinationals that they are excited about: Reckitt Benckiser, Rolls-Royce, and Halma.
Despite the UK market's 19.5% total return over the year to date, many remain pessimistic about the domestic outlook due to concerns over sticky inflation, middling growth, and potential tax rises in the upcoming autumn Budget, according to James Harries, manager of the STS Global Growth and Income Trust.
Global managers pick the UK stocks that can perform well from here on.
- Reckitt Benckiser
- Rolls-Royce
- Halma
Author's summary: Global managers identify resilient UK multinationals.