Waverton's Frikkee: Spotting the blips and buying the dips

Keeping faith with the brands staying afloat

Tesco, RELX and cruise ship operator Carnival are among some of the most unloved UK stocks that could offer "a really big return for shareholders" over the medium-to-long term, according to Waverton Investment Managemen's Tineke Frikkee.

Frikkee, who is head of UK equities at the firm and oversees between £600m and £700m worth of assets, also took over the Waverton UK fund at the end of 2018, which was originally run by a private wealth management team. Since 1 January 2019 to time of writing (15 January), the £16m fund has returned 26.4% compared to its average peer and the MSCI United Kingdom All-Cap's respective gains of 19.7% and 19.3%. Meet the Investment Influencers: Waverton's Luke Hyde-Smith The first large position she took in the fund in October 2018, and her biggest success story to date, was the London ...