Gresham House
Specialist asset management
24 December 2018
24 December 2018
Although political uncertainty drives further volatility in UK markets, this may create selective opportunities for investors.
Whilst large-cap businesses are generally impacted by macro factors, the agility and niche positioning of smaller companies may allow them to react positively to broader economic headwinds.
A good example of this is Inspired Energy, a LF Gresham House Multi Cap Income fund stock that provides energy advisory services.
Inspired Energy operates by advising mid-sized corporations, but is paid in commission from contracts with large energy suppliers, with payments based on the energy usage companies incur. This guarantees multi-year revenue and high earnings visibility for the business.
