Alliance Trust PLC - Portfolio Update: Alliance Trust Stock Picker Change
Portfolio Update: Alliance Trust Stock Picker Change
Alliance Trust PLC today announces that the appointment of Lomas Capital Management LLC (Lomas), one of its nine Stock Pickers has been terminated. Lomas is being wound-down following the decision of two of its senior portfolio managers to retire.
Willis Towers Watson, the Company’s investment manager, is in the process of reallocating the part of the Company’s portfolio managed by Lomas between the Company’s eight other Stock Pickers. The termination of Lomas’ appointment will be effective once the reallocation has been completed.
John Gress/Reuters
Stock indexes have recovered to record highs over the past 11 months.
But some smaller and more economically sensitive stocks have not reached their pre-pandemic levels.
Goldman found 22 stocks still below February levels with higher expected earnings than in 2019.
Markets have roared back to new highs since bottoming 11 months ago.
But index gains have been driven largely by megacap tech stocks that have benefited from a stay-at-home environment. Meanwhile, some smaller and more economically sensitive stocks have yet to reach their pre-pandemic levels as earnings have stalled.
That could change in 2021 as COVID-19 vaccines continue to be distributed, with the rollout presumably easing lockdown measures and setting the stage for a momentous economic comeback.
steve jobs and steve w this ws back when consumer computers were considered a very small market. most computers then were giant machines in universities cooperations or government buildings. in 1984, the mackintosh came out. for many it was an ever present machine fighting for space with the likes of ibm launched with this iconic ad from super bowl 18. on january 24, apple computer will introduce mcintosh and you ll see why 1984 won t be like 1984. let s get depressed, stock
need to get the cost down. i was a doctor on the mexican border for 20 years. to care for everybody. people coming across the border their legal, illegal. let me tell you, before government got involved, the fruit pickers, but stock pickers had come across the border paid cash for their health care and afford it. their wages or enough to afford every day of care. now is not. the first answer is to get the cost down by deregulating things because the regulations. john: you say people were dying. we agree on part of the diagnosis. we agree that the cost, the unit cost per visit, per cats can, protest, preparation is to my. john: it s too bad. but the costs are much higher in the united states that there are other countries. all these other countries that have the universal health insurance, the system has lower-cost, lower overhead, free market works for many things.