Investec's King and Saunders: Our seven key trades for 2012

Investec Asset Management's Max King and Philip Saunders have backed the winners of the 2011 to once again outperform this year amid ongoing volatility in global markets.

The duo, who run a number of multi-asset funds including the top performing Investec Balanced Managed and Managed Growth funds, have outperformed peers in the last three years. They returned 50.3% and 60.8% respectively against 32.8% for the IMA Balanced Managed sector and 37.7% for the IMA Active Managed sector (according to Morningstar). Below they have identified seven investment themes for 2012, which suggest the overall winners this year could be similar to 2011. Corporate debt The duo expect reasonable returns from corporate debt, but urge investors to steer clear of developed ...