Resilient UK Multinationals
Global managers have identified three UK multinationals that they are excited about: Reckitt Benckiser, Rolls-Royce, and Halma.
The UK market has seen a significant surge this year, with the FTSE All-Share delivering a 19.5% total return over the year to date.
James Harries, manager of the STS Global Growth and Income Trust, attributed the nervous stance to "sticky inflation, middling growth and concerns over tax rises in the upcoming autumn Budget."
Despite the market's performance, many remain pessimistic about the domestic outlook.
Global managers are selecting UK stocks that can perform well, with Reckitt Benckiser, Rolls-Royce, and Halma being top picks.
Author's summary: Global managers select top UK stocks.
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