Europe and the UK has seen a slowdown in dividend growth recently - in the UK, growth slowed to just 1.2% in the second quarter, according to the UK Dividend Monitor report from Capita. Which stocks are bucking the slowdown?
Juergen Lanzer, investment manager, global financials specialist, Alliance Trust Prudential Prudential plc in the UK has, and still is, allocating significant amounts of capital into high growth and low insurance penetration emerging markets. Over the last ten years this high growth has become cash flow positive and now is completely self-funding with some excess cash flow being repatriated to the group for dividend purposes. Prudential often stated that continuous investment into the region will lead to a steady premium collection due to a steadily growing middle class that has a ...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes