Posted on 15th March 2017
Will ‘Thematic’ Investments Drive Growth in 2017?
Investors looking for equity growth in the Brexit and Trump era should consider ‘theme-based’ opportunities rather than focusing too heavily on broad financial markets, according to Sanjay Rijhsinghani, Partner at LGT Vestra. He was speaking at an investment and tax seminar in Horsham organised by Sussex-based Carpenter Box Wealth Management.
Sanjay said company earnings in the third quarter of 2016 showed topline growth for the first time in over two years and that macro-economic factors were moving in favour of equities.
“Our thinking at the moment is to take a thematic approach to investments rather than looking at say the US, Japan or European markets,” he said. “So, for example, we see growth opportunities in equities linked to infrastructure because of the payback this activity delivers to governments and to operating companies alike.
“We also like financials as a result of the clean balance sheets of banks, a steepening yield curve and the move to a transaction-based cashless society, which reduces costs for banks. And we see positive prospects for a technology sector that is speeding up innovation lead times.”
Simon Fox, Managing Partner at Carpenter Box Wealth Management, underlined the need for coherent investment strategies in an era of historically low interest rates, citing the enduring appeal of pensions and focusing on the tax advantages of Enterprise Investment Schemes.
Stuart Noakes, Partner and Head of Tax Services at MHA Carpenter Box, urged delegates not to overlook the value of individual tax allowances that could deliver up to £33,000 of tax free income each year, while also outlining steps to mitigate inheritance tax through business property planning.
Photo: Simon Fox, Managing Partner, Carpenter Box Wealth Management
"The BHBPA is an energetic and vocal organisation that connects and empowers and informs the local business community acting as an effective conduit to local authority and other organisations. We are proud to be part of that community and the association."
"“Sutton Winson have been members of the BHBPA for around 7 years. We have found it a great way to keep in touch with Burgess Hill businesses and to meet with likeminded people. It’s not just another “networking” group, as it tackles the real issues and gets things done”"
"This association was started with a lot of effort from a few local businessmen and has proved to be a very powerful and useful tool for our business. The BHBPA has influence at the top level; when action is needed, the BHBPA gets it done. We are kept in touch with all that is happening on our doorstep and will often act because of what is published in the weekly emails / newsletters."
"“I can’t speak highly enough of the BHBPA. As a small local business we feel very much part of a community and thoroughly enjoy the annual exhibition and meetings throughout the year. Over the years we have built fantastic working relationships with many BHBPA members and every meeting and event offers us opportunities to work with more. This is networking at its best! ” "