Evenlode duo reveal the stocks topped up since Q4 2018

Consumer names dominate list

Ben Peters, lead manager of the Evenlode Global Income fund, has said he took advantage of some ripe valuation opportunities that emerged since the Q4 2018 sell-off.

Peters and his co-manager Chris Elliott said while seeking quality names from the global equity universe, they refuse to overpay and identified several names that fell more than the market during the downturn, and others that lagged during the upswing. In the consumer space - the fund's largest sector weight at 29.7%, which Peters said "has been performing very well in aggregate" - the fund brought in Reckitt Benckiser in April, as the pair reduced position sizes in PepsiCo and Procter & Gamble, now comprising 4.5% and 2.8% of the fund, respectively. GAM: Five ways to find opportuniti...