Top-quality stocks poised to benefit from long-term global growth

Three fund managers at Alliance Trust tell us what stocks they'd invest in.

Rising colorful graph from 2023 to 2024 stocks investment growth concept
(Image credit: Getty Images)

Most economists and analysts were wrongfooted by macroeconomic developments in 2023, with many expecting a recession that didn’t materialise. This highlights the difficulty of basing an investment strategy on predictions of top-down factors such as GDP growth, interest rates or foreign exchange rates. 

It is far better to focus on analysing the fortunes of individual companies. However volatile the macroeconomic environment, it should pay to look to the long-term fundamental strengths of businesses and build diversification into a portfolio through different ideas that pay off at different times.

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Jonathan Mills
Co-Founder & Portfolio Manager, Metropolis Capital Management

Both Jonathan and co-Founder & Portfolio Manager Simon Denison-Smith met whilst working as Strategy Consultants for Bain & Company. Jonathan brought this same analytical mindset and proactive spirit with him to Metropolis – co-founding the firm with Simon, and co-managing its global equity strategy since its launch in 2008.