Patience pays dividends
AXA Framlington’s Richard Peirson talks valuations, the outlook for income and why he’s not buying food retailers.
With a career in fund management stretching back over a quarter of a century, Richard Peirson has experienced the full range of market ups and downs. In conversation with Chief Investment Officer Chris Ralph he explains why, despite the FTSE 100 reaching a new all-time high, he believes UK equities still present a good opportunity for long-term investors.
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The opinions expressed are those of Richard Peirson and are subject to market or economic changes. This material is not a recommendation, or intended to be relied upon as a forecast, research or advice. The views are not necessarily shared by other investment managers or St. James's Place Wealth Management.
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