Two takeover targets to tuck away

Seeking out potential takeover targets can be a profitable strategy. Professional investor Philippe Lecoq tips two.

Each week, a professional investor tells us where he'd put his money. This week:Philippe Lecoq, Edmond de Rothschild Fund UK Synergy.

Launching a UK equity fund less than three months before the referendum on membership of the European Union might have looked like a daring gamble, especially given the result of the vote. But the capacity of risk assets to rebound took everyone by surprise and equity markets returned to pre-referendum levels within a month.

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Philippe Lecoq, Edmond de Rothschild Fund UK Synergy.