Top ‘tin hat’ stocks for cautious investors

Professional investors are backing so-called ‘tin hat’ stocks – companies that should do well against even the most volatile macro economic backdrop. We look at four of their favourites

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Where should cautious investors go? Stocks to consider when growth falters
(Image credit: Getty Images)

With Bloomberg projecting a $2 trillion hit to global GDP from Trump’s tariffs by 2027, some fund managers believe investors are underestimating the long-term drag from protectionism and geopolitics. Yet there is a certain type of company that could thrive regardless.

Despite markets touching all-time highs, anecdotally a number of fund managers are quietly holding big cash positions – a classic sign of nervousness. Darius McDermott, managing director at fund research firm FundCalibre, said that while markets may be hitting new levels, so is uncertainty when it comes to how to invest.

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Laura Miller

Laura Miller is an experienced financial and business journalist. Formerly on staff at the Daily Telegraph, her freelance work now appears in the money pages of all the national newspapers. She endeavours to make money issues easy to understand for everyone, and to do justice to the people who regularly trust her to tell their stories. She lives by the sea in Aberystwyth. You can find her tweeting @thatlaurawrites