Aruna Karunathilake, manager of the Fidelity UK Aggressive fund, has pointed to a trio of inflation-busting opportunities in the UK stock market.
Karunathilake has identified three different groups of companies which he claims are insulated against rising prices and could provide superior growth prospects. He explained: "Inflation - or more precisely, people's perceptions that prices are rising much faster - is likely to cast its shadow over economies and markets for some time to come, yet UK equity investors can not only protect themselves from higher prices, but also seek to profit from them." Karunathilake cited defensives as a good investment, as some companies either have revenues linked to inflation or can pass on higher ri...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes