Blue Whale’s strong early years performance landed it a place in many investors portfolios, but as growth stocks suffered last year so did the fund.
He talks through why the rapid rise in interest rates hit the market so hard and hampered even high quality companies, such as the ones Blue Whale looks for, and how the investment outlook has altered.
Stephen also discusses with Simon and Richard Hunter why he no longer holds any of the FAANG shares but does back Microsoft and what made him pick an unusual name for a growth fund, energy stock Canadian Natural Resources.
Biotech's in the doldrums and is an opportunity, says Ailsa Craig How Impax Environmental Markets made 311% in a decade Blue Whale’s manager on ChatGPT, Meta and an energy stock for growth Is commercial property a great value opportunity primed for profit? What you need to know about investing in a VCT and the 30% tax break Will more rate rises be bad news for investors – and what could profit? The Investing Show channel