Top global stocks offering rising income and lasting long-term growth

Samantha Fitzpatrick, co-manager of the Murray International Trust, selects three global stocks where she’d put her money

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Murray International Trust is a globally diversified investment trust aiming to deliver an attractive and growing income, alongside long-term capital growth. By investing in companies with sustainable and rising cash flows, the fund avoids overexposure to low-yielding stocks, making it a distinctive complement to more growth-focused global funds.

Recognised as a “dividend hero” by the Association of Investment Companies (AIC), Murray International has increased its dividend for 20 consecutive years. It is managed by an experienced team at Aberdeen who have worked together for over two decades and is supported by researchers posted to key developed and emerging markets, helping to uncover high-quality opportunities wherever they arise.

Global stocks banking on growth

Intesa Sanpaolo (Milan: ISP), Italy’s biggest domestic bank, offers a wide range of services across retail, corporate and investment banking; wealth management and insurance. The management has delivered strong operational efficiency, with a cost-to-income ratio of 38% in the first quarter of 2025 – among the lowest levels in Europe.

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A strategic focus on higher-return, higher-growth areas, such as wealth and savings, bodes well. Management has repeatedly raised guidance and remains optimistic, with falling interest rates providing a supportive backdrop. We initiated a position in early April, taking advantage of fears of a global recession and market weakness around “Liberation Day”. The stock has since performed well, but we continue to view it as a quality compounder. Its robust capital position, moreover, supports a premium 7% dividend yield, further adding to its appeal.

Diageo (LSE: DGE) is a leading UK-based alcoholic beverages company and one of the world’s largest producers of spirits, with a portfolio of iconic brands, including Johnnie Walker, Talisker, Smirnoff, Tanqueray, Don Julio, Casamigos and Guinness. Since 2022, the company has faced multiple challenges: excessive inventory, operational mis-steps, weaker demand from consumers, the threat of rising tariffs and shifting drinking habits, all of which led to a halving of the share price following a post-Covid boom.

There has been much debate about whether these headwinds are structural or cyclical in nature, alongside scrutiny of the management team. After careful consideration, we added to the trust’s holding. While further patience may be required, we believe Diageo’s global presence, strong brand and breadth, together with its ability to innovate, will deliver long-term value.

Infosys (Mumbai: INFY) is a global IT services and consulting company with headquarters in India. It offers services such as cloud computing; AI and automation; data analytics; cybersecurity; and digital transformation across industries, including finance, healthcare, retail and manufacturing.

The share price has underperformed this year as macroeconomic uncertainty has prompted clients to delay discretionary projects. But the management team recently confirmed that the pipeline for cost-reduction programmes remains robust, and this is an area of expertise for Infosys. We see real potential in the company’s expansion into AI-related services and believe the current share price presents an attractive entry point for long-term investors.


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Samantha Fitzpatrick is a senior investment director in the equities team at Aberdeen. She joined the company in 2001 through the acquisition of Murray Johnstone where she was part of the Performance & Risk Team. Samantha has been involved in the management of global equity portfolios for over twenty years and was appointed co-manager of Murray International Trust in June 2024. Samantha holds a BSc (Hons) in Mathematics from the University of Strathclyde and is a CFA Charterholder.