Fund manager reveals what needs to change to invest in luxury stocks

(CNBC) A slump in Chinese consumer confidence is holding Sanlam investments’ Hannah Gooch-Peters back from buying luxury stocks like LVMH. Speaking to CNBC’s Silvia Amaro, the portfolio manager said she would need a “larger margin of safety” before investing in the world’s largest luxury group.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Comments are closed.