Citywire Interview: My Asset Allocation - Cave & Sons CEO bullish on infrastructure trusts
Thursday, July 9th, 2009
Andrew Cockerill, an investment manager at Northampton-based stockbroking firm Cave & Sons, remains unconvinced by talk of green shoots and a rapid economic recovery.
On this basis, he is backing defensive stocks.
Cockerill, who is chief executive at the firm, said: ‘We are still favouring defensives, particularly pharmaceuticals, telecoms and utilities, which are all offering above-average [...]