Three promising sectors for 2017

Max King tips a host of funds in various sectors to do well in the forthcoming year.

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There's a brighter outlook for the energy sector
(Image credit: TomasSereda)

The fall in sterling turned 2016 from a difficult year for UK-based investors into a good one, but with sterling more likely to appreciate in 2017 than weaken further, that tailwind is no longer blowing. A good performance from equities in 2017 will require either earnings growth or stocks to trade on a higher valuation. Neither is a given.

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Max King
Investment Writer

Max has an Economics degree from the University of Cambridge and is a chartered accountant. He worked at Investec Asset Management for 12 years, managing multi-asset funds investing in internally and externally managed funds, including investment trusts. This included a fund of investment trusts which grew to £120m+. Max has managed ten investment trusts (winning many awards) and sat on the boards of three trusts – two directorships are still active.

After 39 years in financial services, including 30 as a professional fund manager, Max took semi-retirement in 2017. Max has been a MoneyWeek columnist since 2016 writing about investment funds and more generally on markets online, plus occasional opinion pieces. He also writes for the Investment Trust Handbook each year and has contributed to The Daily Telegraph and other publications. See here for details of current investments held by Max.