Standard Life increases its transport exposure

Standard Life Investments is favouring transport stocks including bus companies with diversified transport exposure in its UK portfolios. Amanda Forsyth, investment director at the group, favours companies including National Express, which she says is running the Scotrail train franchise successfully. The company also runs the Gatwick Express, Midland Mainline and Central Trains franchises and Forsyth adds that the group could be in line to pick up further franchises. National Express has seen its share price rise by 10.35% in the 12 months between 7 January 2000 and 8 January 2001 and th...