Nigel Thomas, manager of the £3.3bn AXA Framlington UK Select Opportunities fund, has outlined the global trends he is playing in the retail space including consumers' desire to shop online and return as much as 40% of their purchases.
In his latest entry of The Thomas Report, Thomas (pictured) highlighted the "massive secular trends" overtaking the current period of economic repair that is taking place following the global financial crisis, and areas where he is finding investment opportunities as a result. One emerging spending habit the manager has taken advantage of is the "reverse supply chain" industry, which sees consumers ordering numerous items only to return some of them afterwards. This has led to the growth of reverse logistics companies to handle returns. The UK is the global leader in online clothin...
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