Five of the Best: Names to counter anaemic growth

SVM's Margaret Lawson, co-manager of the £42m SVM UK Growth fund, selects three stocks for growth in a weak economic environment, and two special cases worth backing.

During the recent downturn Lawson trimmed her exposure to cyclical names by roughly 10%, in particular small-cap oil and gas names she previously owned, but she has hung on to the names she still sees as able to implement positive change in a tough environment. Core holdings Around 50% of Lawson's fund is focused on her core holdings, stocks which exhibit secular growth or companies that are seen as growing more than the economy. Her core holdings must have a strong track record of providing healthy returns, sustainable margins, strong cash-flows and solid balance sheets. Here are ...