Investors have ‘given up’ on the UK, says Nick Train

first_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Will Nick Train join me? It’s unlikely: property plays aren’t the sort of business that attract him. But even so, I bet he can see the value. Right now, as he says, many investors seem to have just given up on the UK stock market – and that includes its REITs. Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. I’ve still a little cash left to play with, and I suspect that most of it will find its way into REITs. Steer clear of the worst-hit sectors, such as travel and hospitality, and even the most conservative of investors is likely to find stocks with obvious appeal. Investors have ‘given up’ on the UK, says Nick Train Personally, I think that a number of property-based investments – especially Real Estate Investment Trusts (REITs) – look oversold right now, and I’ve been taking the plunge. But whereas those indices had risen 60% or so since late March, the Footsie’s performance has been far more anaemic. As I write these words, in fact, the FTSE 100 is up just 20% over the same period. And it’s not just this year, or the Covid-19 pandemic, that’s to blame, either. Citywire, for instance, points out that the FTSE All‑Share is up just 15.9% over five years, versus a 93.1% gain for global stock markets.The UK, in short, is on sale right now – and if investors don’t buy UK shares, then overseas predators are happy to step in. Security firm G4S, for instance, is now the subject of unwelcome attention from not just one but two foreign firms. Both of them, what’s more, are substantially smaller than G4S itself.What I’ve been buyingWhere to look? What to buy? In a market like this – despite the turmoil caused by Covid-19 – investors are really spoiled for choice. What’s interesting is why.“I genuinely believe this in part reflects the long period of disappointing absolute and relative returns delivered by the UK stock market,” he wrote. “It’s simply that more opportunities are being presented to us as other investors give up on the UK. I don’t exaggerate when I say ‘give up’: have you seen the industry data showing monthly outflows from across all UK equity funds? They are substantial and sobering.”In other words, a valuation gulf has opened up between global investors’ attitudes to the UK stock market, and Train’s own assessment of the prospects it offers for the sort of high-quality UK stocks that he likes. Malcolm Wheatley | Saturday, 7th November, 2020 Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. On a total return basis, his Lindsell Train UK Equity Fund has produced a total return of 352% since being launched in 2006, compared with 83% for the FTSE All-Share.Finsbury Growth & Income Trust, the investment trust that he manages, has done equally well. Over the five years to 31st August, for instance, its shareholders saw a 65% total return, versus 17% for the FTSE All-Share index.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…He’s certainly not an active trader, though: many of the stocks that he holds have been in his funds’ portfolios for over ten years.But just recently, he’s been on something of a buying binge, taking stakes in soap manufacturer PZ Cussons, drinks firm Fever-Tree, and now credit rating agency Experian. PZ Cussons, when he bought it late last year, was the first new UK-listed stock that he’d bought in nine years, according to Citywire.Bargains ahoyTrain’s latest quarterly update for investors in the Lindsell Train UK Equity Fund makes for fascinating reading. Non-property purchases have included beaten-down banking giant HSBC, and specialist pensions and insurance firm Chesnara.center_img Our 6 ‘Best Buys Now’ Shares Image source: Getty Images 5 Stocks For Trying To Build Wealth After 50 Simply click below to discover how you can take advantage of this. Famously very much a ‘long-term buy and hold’ investor, Nick Train is one of the most respected investment managers in Britain. The subtext: normally unapologetic about sitting on his hands for years a time, Train is right now seeing opportunities – and so expect more purchases in the months ahead.Anaemic growthI pointed out at the beginning of September that huge international disparities could be seen in stock valuations. The S&P 500 index, I wrote, was higher then than it was back in late March, when America and Europe went into lockdown – likewise the Dow Jones index, and Nasdaq. Malcolm owns shares in Supermarket Income REIT, the Schroder Real Estate Investment Trust, HICL Infrastructure, Regional REIT, HSBC, and Chesnara. The Motley Fool UK has recommended HSBC Holdings, PZ Cussons, Experian and Fever-Tree. Since the end of September, for instance, I’ve taken positions in Supermarket Income REIT, the Schroder Real Estate Investment Trust, HICL Infrastructure, and Regional REIT. See all posts by Malcolm Wheatley Click here to claim your free copy of this special investing report now! Noting that Experian was the third new holding to have been initiated in the last 12 months, Train openly joked that this was “an unusually high rate of actionable new ideas” for him. Enter Your Email Addresslast_img read more

Commentary: A Memory That Flows Through The Veins

first_imgBy John EDINBURGH, Scotland – If we listen, blood can whisper old, even ancient, truths to us.Long, long ago, my ancestors lived in this country. My mother’s people were lowland Scots. They lived here, the family stories go, until they bet on the wrong side in one of Britain’s many battles of royal succession. They found themselves transported to Northern Ireland, where they were supposed to serve as a Protestant presence grafted onto a determinedly Catholic land.Several generations later, not many years before the American Revolution, they left and landed in the Carolinas, before heading north to Indiana around the time of the War of 1812.But they began in this land.Part of me – part of my children – began in this land.I didn’t journey first to Scotland until I was in my late 30s. My wife and I came on our honeymoon. We roamed from Edinburgh to Inverness to the Isle of Skye. We walked over streets that were here when my ancestors lived in this land. We hiked trails both green and stony.Scotland spoke to me then.It’s spoken to me ever since.It wasn’t just that the country is beautiful – although it is beautiful. The sky here achieves shadings of blue and gray that can soothe the most unquiet spirit. The highlands have a harsh, craggy splendor, earth and stone reminders of the weight of eternity.But it also was that this place was part of me.One of the homes of my heart.On that first trip, while my new bride did some shopping in Edinburgh, I stopped at a pub for a pint. Or two.The guys at the table next to me started reciting poetry. They were several rounds ahead of me. The drinks took the edge off their Scots burrs and transformed every “s” into ”sssssh.”It also made their recital endearing, particularly when they reached the climax.A man’s a man for ‘a that.Even slurred, Robert Burns’ poetry spoke Scotland’s soul.I also wandered the bookstores in Edinburgh, Inverness and elsewhere, reading upon the Scottish Enlightenment as my wife and I traveled – the long struggle to unshackle the human mind and spirit from all forces that would bind them. As I did, I understood in ways I never had before the devotion my mother’s people had to learning and to charting their own courses. I began to realize my resistance to outsourcing my thinking might be more than a personal quirk.The inertia of generation after generation after generation fighting to find its own way could have done something to push me down that path.One late afternoon, we stopped the car along an ocean cliff. I walked out to the edge of the bluff and looked at the water, whitecaps rippling the surface as far as my eye could see.I never have been a man who finds peace with ease. At that moment, though, I felt nothing but serenity.As I stared from atop that craggy bluff at the long stretch, I thought about the people whose blood flowed through my veins and how they walked this land centuries before I was even a notion. I thought about the children my wife and I wanted to have.In that moment, I saw and felt both how important I was in the living moment to my wife and, God willing, my children and how small a piece I was in the endless chain of existence.I thought about how big and how small we all are.We’ve been given reason these days, in some of the worst possible ways, to reflect upon where we all came from. Regardless of the motivation, it’s worthwhile exercise, because such reflection, if done with honesty and in the right spirit, should engender humility.And gratitude.I’m in Scotland again, this time with my son, who is approaching his own age of manhood.As he and I stroll these ancient streets, I think about where life might take my children and where it took all those came before us.As my son and I walk, the past itself seems to flow through our veins.If we listen, our blood can whisper truths to us.FOOTNOTE: John Krull is director of Franklin College’s Pulliam School of Journalism and publisher of, a news website powered by Franklin College journalism students.FacebookTwitterCopy LinkEmailSharelast_img read more

Metro-grown produce

first_imgA tree may grow in Brooklyn, but fresh vegetables will soon grow in the heart of Atlanta on a plot of land the city’s mayor has designated as an urban farming educational site.The .8-acre plot is located at 104 Trinity Avenue across from city hall. It was most recently the site of the city’s traffic court. A competition to select a design for the Trinity Avenue Farm closed Nov 1. Judges are currently reviewing designs submitted by Georgia designers. Work on the farm design will begin soon after the winner is selected.The winning design team will be given $25,000 from Wal-Mart, the major sponsor of the project. Other partners include the Atlanta Mayor’s Office of Sustainability, Sustainable Atlanta, the Atlanta City Council, the University of Georgia College of Agricultural and Environmental Sciences, Georgia Organics and Truly Living Well.UGA Cooperative Extension agents in Fulton County assisted by testing the soil on the site and recommending steps to prepare the soil for plants by spring 2012. The agents will provide support for the garden by educating the farm’s managers on community gardening, locally-grown foods and fighting food desserts.The demonstration project will support the City of Atlanta’s “Power to Change” sustainability plan and its commitment to bring local food within 10 minutes of 75 percent of all residents by 2020. “Local, sustainable and organic food practices have numerous health and environmental benefits,” said Susan Varlamoff, UGA’s director of environmental sciences. “Local food is often fresher, eliminates negative externalities, such as carbon emissions, and supports our local economy. We applaud Mayor Reed and the city for joining the local food movement by showcasing urban agriculture right in the heart of downtown.”last_img read more

Tipperary lose out to Galway in NHL Final

first_imgGalway ran out 3-21 to 14 point winners of today’s National Hurling League Final against Tipperary at the Gaelic Grounds.Galway took an early lead in the game with points from Joe Canning and Jason Flynn. Flynn’s attempt on goal in the opening half was well saved by Darren Gleeson – but Galway were still up 11 points to 5 at half time.Tipperary had their work cut out in the second half as Galway came out all guns blazing with a Jason Flynn goal inside the first minute of the second half – making up for his saved opportunity in the first half. Photo © Tipperary GAA He followed that up with a second goal in the 56th minute of play to put Galway 12 points ahead. Cathal Mannion then got Galways third goal ten minutes later.Tipp were never given the opportunity to get going in the game, and Galway ran out easy 16 point winners.Speaking afterwards Tipp Manager Michael Ryan said they simply weren’t preparedAudio Player Up/Down Arrow keys to increase or decrease volume.last_img read more


first_imgCelebrity Bainisteoir – The Rivals‘ star Pippa O’Connor has responded to criticism of her dreading the drive up and back from Dublin to Donegal.After being drawn to coach at the Naomh Bríd club on Sunday’s opening episode, she expressed a fear that all the travelling would be too difficult for her and that every time she’d been in Donegal, ‘it always rained’.She moaned “I’m going home. I’m not going to Donegal. You are joking me.” When the catwalk queen realised she WAS coming to Ireland’s most stunning county, she complained about our lovely weather.“I can’t go to Donegal. Any time I’ve been to Donegal it has rained. Could you put me any further? I would say thanks but I can’t. I got the short straw,” she moaned.But the reality has proved to be anything but a burden as she prepares a team to take on husband Brian Ormond in the RTÉ One show.“When I first found out I was been sent to Donegal I was furious,” admits the Kildare model. “The thought of all the driving up and down, the bad weather when I’d been there before just turned me off but actually it was the best thing that could have happened.“The reaction I got from the team and club when they found out I was to be their manager completely made up for it. Everyone up there has been brilliant so far and I’m in it with the club to take them the whole way to the final.“They gave me the best welcome, I now feel lucky to have gotten a very passionate team. Donegal is my new home of late, I’ve been up here all weekend for a friend’s wedding – I can’t get enough of it!”Celebrity Bainisteoir – The Rivals continues on Sundays on RTÉ One. CELEBRITY BAINISTEOIR PIPPA SAYS ‘SORRY’ OVER COMMENTS ABOUT DONEGAL was last modified: September 11th, 2012 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:CELEBRITY BAINISTEOIR PIPPA SAYS ‘SORRY’ OVER COMMENTS ABOUT DONEGALlast_img read more

Can Martin Jones give the Sharks the goaltending they need to win the Cup?

first_imgSAN JOSE — After a decade of playoff disappointments, it seemed like the Sharks had finally found the missing ingredient with a slick trade in the summer of 2015.Martin Jones opened his career with the Sharks by setting a franchise-record shutout streak of 234:33 during his first week on the job. Later, in the spring, he led the Sharks to their first appearance in the Stanley Cup Final, recording a .923 save percentage in 24 games. The future looked bright. At 26, Jones had the potential to …last_img

Business excellence to be recognised and rewarded at 5th South African Premier Business Awards

first_imgThe 5th South African Premier Business Awards will be hosted by the Department of Trade and Industry (the dti), in partnership with Brand South Africa and Proudly South African, on the 30 January 2018 at the Sandton Convention Centre.Deputy president Cyril Ramaphosa with past winners, the management team of Hazelton Pumps. (Image: SA Capital Equipment Export Council)Johannesburg, 22 January 2018 –  Members of the media are invited to attend the awards ceremony of the fifth South African Premier Business Awards where South African business excellence will be recognised and rewarded. The ceremony will be hosted by the Department of Trade and Industry (the dti), in partnership with Brand South Africa and Proudly South African under the theme Rewarding Business Excellence:DATE       :    Tuesday, 30 January 2018VENUE    :    Sandton Convention Centre, JohannesburgTIME       :    18h30Thirty companies will be vying for top honours in ten categories which include Black Industrialists Award, Manufacturer Award, Play Your Part Award, Proudly South African Member Company Award, SMME Award, Woman Owned Award and Young Entrepreneur Award. The awards are sponsored by Tsogo Sun, Old Mutual, Wits Business School and Johannesburg Stock Exchange.According to the Minister of Trade and Industry, Dr Rob Davies the awards recognise business excellence and celebrate enterprises that promote the spirit of success and innovation as well as job creation, good business ethics and quality.Journalists who will be covering the event are requested to RSVP by Wednesday, 24 January 2018 to Charles Mnisi via email: [email protected] or telephone on 012 394 1721/072 523 4886 or Ntombi Ntanzi on [email protected] or (011) 712-5071/081 704 1488.More information on the South African Premier Business Awards, visit: or call 0861 843 384.To set up interviews, please contact:Ntombi NtanziTel: +27 11 712 5071Mobile: +27 (0) 81 704 1488Email: [email protected] www.brandsouthafrica.comWould you like to use this article in your publication or on your website? See Using Brand South Africa material.last_img read more

Announcing the July Featured Geocacher of the Month

first_img SharePrint RelatedAugust Featured Geocacher of the Month Nominees – Add Your CommentsAugust 16, 2012In “Community”July Featured Geocacher of the Month Nominees – Add Your CommentsJuly 20, 2012In “Community”Featured Geocacher of the Month Award WinnersAugust 25, 2011In “Community” The July featured Geocacher of the Month took matters regarding Trackables in his own hands, spiced things up, and brought a community closer together.July Featured Geocacher of the Month, De WijngemachtigdeCongratulations to De Wijngemachtigde for being named July’s Featured Geocacher of the Month!Guus, a.k.a. De Wijngemachtigde, is recognized for encouraging a record number of geocachers across the Netherlands to participate in Geocoin races.His creative approach to get the community to put their Trackables in circulation, instead of keeping them at home, allowed the coins to travel across all 415 municipalities of the Netherlands.As one geocacher put it, “Not only has he [De Wijngemachtigde] put and continues to put a lot of effort in the Dutch Geocoin race, he also frequently gives away Geocoins to other cachers through quizzes and sweepstakes. These initiatives really create a very positive vibe for geocaching in the Netherlands and beyond!”De Wijngemachtigde will receive a collector’s edition Featured Geocacher of the Month Geocoin, along with a Geocacher of the Month hat and certificate acknowledging his contributions signed by two of the founders of Geocacher of the Month IconThank you to the fellow July nominees and all those who supported them. The nominees not chosen as featured Geocacher of the Month will receive a gift of appreciation from Groundspeak. See a list of all the featured Geocachers of the Month here.The geocaching community is encouraged to re-nominate those who have yet to be honored as featured Geocacher of the Month.If you know an outstanding geocacher who should be considered for the honor, send an email to [email protected] Every nomination must meet the following requirements: Please include your name, the name of your nominee, their username, at least one picture of the nominee and description (in 500 or fewer words) explaining why he or she deserves to be the Geocacher of the Month. Please inform your nominee that you’ve submitted them for the award. Nominations for the August featured Geocacher of the Month must be received by the end of the day on Friday, August 10th.Once we have received all of the nominations, we will choose the top candidates and post them on the Latitude 47 blog. You will then get a chance to champion your favorite. Our goal is to involve the entire geocaching community in this process so we might learn from each other.Share with your Friends:Morelast_img read more

DU admissions 2014: Over 13 lakh applications received from Delhi

first_imgDelhi University registrations for admissions have come to an end with the online applications of BMS shutting down, for rest of the courses the pocess got over on June 16 itself. In total, it saw a total of over 2.7 lakh applications. Out of the total applications received for the admissions to Four Year Undergraduate Programmes (FYUP) at DU, Delhi had the maximum number of applicants.A total of 1, 32, 659 students from Delhi wish to take admissions in UG courses of the University for this session. This list has been followed by UP and Uttarakhand from where 66, 600 candidates applied. Only 154 candidates applied from Karnataka.State-wise distribution of applications received for FYUP admissions at University of Delhi:    Delhi: 1, 32, 659    UP and Uttarakhand: 66, 600 candidates    Haryana: 37, 237candidates    Bihar and Jharkhand: 15, 945 candidates    Rajasthan: 6, 132 candidates    MP and Chattisgarh: 4, 396 candidates    Punjab: 2, 737candidates    Jammu and Kashmir: 1, 267 candidates    Himachal Pradesh: 938 candidates    Maharashtra: 632 candidates    Gujarat: 390 candidates    Andhra Pradesh: 617 candidates    Karnataka: 154 candidates    Tamil Nadu: 331 candidates    Kerala: 607 candidates    West Bengal: 2, 146 candidates    Orissa: 679 candidates    Assam: 1, 575 candidates    North Eastern: 2, 648 candidatesAround 60,000 candidates have applied for English, which has become the most sought-after course, though, there is an availability of only 4,362 seats in this course in DU.The race for 54, 000 seats in 70 different colleges of Delhi University began on June 2.  The first cut-off will be released on June 24.Important dates:First admission list by: June 24, 2014Last date for admission and payment of fees under the first admission list: June 26, 2014Second admission list by: June 27, 2014Last date for admission and payment of fees under the second admission list: June 30, 2014Third admission list by: July 1, 2014Last date for admission and payment of fees under the third admission list: July 3, 2014advertisementFourth admission list by: July 4, 2014Last date for admission and payment of fees under the fourth admission list: July 7, 2014Fifth admission list by: July 8, 2014Last date for admission and payment of fees under the fifth admission list: July 10, 2014Sixth admission list by: July 11, 2014Last date for admission and payment of fees under the sixth admission list: July 12, 2014Seventh admission list by: July 14, 2014Last date for admission and payment of fees under the seventh admission list: July 15, 2014Eighth admission list by: July 16, 2014    Last date for admission and payment of fees under the eighth admission list: July 17, 2014Ninth admission list by: July 18, 2014Last date for admission and payment of fees under the ninth admission list: July 19, 2014Tenth admission list by: July 21, 2014Last date for admission and payment of fees under the tenth admission list: July 22, 2014last_img read more