Five investments that will double your money in eight years
Savers could make strong returns without using highly speculative bets
28 February 2021 • 5:00am
Investors should buy into the five fastest-growing “themes” to be in with a chance of substantially boosting savings pots, experts have said.
Savers could make strong returns and double their cash in eight years, without using highly speculative bets.
Fund firm Axa Investment Managers has said there are five “themes” where businesses involved could double in value before 2030. Its research found investors could experience returns of at least 10pc per year over the next decade.
Telegraph Money looks at the key areas savers should buy.
Axa Framlington fund manager Jamie Hooper exits after 14 years
Nigel Yates brought in to take over UK Growth while Managed Balanced also faces shake up
Axa Framlington UK Growth fund manager Jamie Hooper is leaving the firm at the end of the year after 14 years.
Hooper (pictured) joined Axa IM in November 2006 and is the lead manager responsible for the £124.3m Axa Framlington UK Growth fund and the £1.1bn Axa Framlington Managed Balanced fund. Before joining Axa IM, he was at F&C (now BMO Gam) where he managed UK equity portfolios for institutional and investment trust clients.
A press release said he is leaving on 31 December to “pursue interests outside financial services”.