Wintle: Strong US run can continue into 2011

Neptune's Felix Wintle believes the US stock market can extend its strong recent run into the New Year as the outlook for corporate earnings remains positive.

Wintle, manager of the top-ranked £614m Neptune US Opportunities fund, says the outlook for 2011 supports equity markets, with investors reacting positively to the recent mid-term elections and $600bn of QE2. The manager, who has had minimal recent exposure to financials, has added a number of positions in the space, including Goldman Sachs and Citigroup. Wintle continues to run a strong overweight position in the tech sector, while the manager also says the weaker dollar has heightened opportunities in commodities. "Despite the challenges faced on a macro level, as the world's pri...