Why Britain's got talent in domestic stocks

Given the challenges facing the domestic economy investors have typically had a preference for companies that earn a significant proportion of profits overseas. However just like a recently televised talent programme – Britain’s Got Talent – you may just be surprised at the breadth and depth of corporate talent operating predominantly in the UK. We do not have a particularly optimistic view on the UK economy; however as investors we are investing in companies and not economies. It is often when economic growth is a little harder to find that those franchises with sound business mod...