Fund of the week: Play the shift from West to East

This fund's aim is to provide long-term capital growth from international companies that can capitalise on market trends and thrive whatever the global economy is doing.

Graham French has been working for M&G Investments for 21 years. For the last 15 years he has managed the M&G Global Basics Fund, which has delivered 59.2% over the last five years, compared to the sector average return of 20.9%. The fund's aim is to provide long-term capital growth from international companies that can capitalise on market trends.

The key to his success is that he looks for companies in the West that form the "building blocks" of the global economy. Firms that have the "size, skills or expertise to capitalise on trends such as the rise of emerging markets", says Richard Troue of Hargreaves Lansdown. For example, as emerging nations develop they need to invest ever-increasing amounts in their infrastructure. This means that they need energy and raw materials driving up the prices of both. To capitalise on this, French has invested in Tullow Oil and French mining firm Eramet, which could both "benefit significantly from this trend over the long term".

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Fraser & Neave5.6
Tullow Oil3.9
Ansell3.4
Unilever3.4
Lonmin3.3
Eramet3.1
Imerys SA3.1
Colgate-Palmolive Co2.9
Kerry Group2.9
Symrise AG2.9
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