Deep Dive: Focus on the consumer goods market

Goods will experience volatility

Ben Peters and Chris Elliott, co-managers of the TB Evenlode Global Income Fund, dive into global equity income.

In the final quarter of 2021, the question of equity valuations has not gone away, and the shape of the question is similar. Information technology companies continue to be in the driving seat, with the MSCI World IT index up 14.1% over a six-month period, and conversely the MSCI World Consumer Staples index is up by only 4%. The IT and consumer goods sectors are key for the Evenlode Global Income portfolio, and their divergent fortunes illustrate some of the dynamic opportunities available for longer-term income-seeking investors. Prices and pricing The consumer goods sector was alrea...