Four quality UK mid-cap stocks

Professional investor Paul Spencer tips four high quality smaller companies with robust balance sheets and healthy cash flows.

Each week, a professional investor tells MoneyWeek where he'd put his money now. This week: Paul Spencer, fund manager of the Franklin Templeton UK Mid-Cap fund.

The recovery of the British economy has faltered and the incremental growth we saw in 2009 and 2010 has reduced to almost zero. To make matters worse, a still longer shadow has been cast over UK plc by the paralysis that has spread over the eurozone. Yet despite this erratic and uncertain environment, there are plenty of attractive opportunities in Britain's increasingly diverse range of mid-cap stocks.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up