Paradise Papers: Investors should be allowed to put their money where they wish
Paradise Papers - Investors should be allowed to put their money where they wish, as long as it's legal. Tim Harrison, Head of Wealth Management at Linear Investments speaks to Matt Brown about the coverage over the weekend of the Queen having investments offshore. Harrison looks at the data heavy announcements from the previous week. All eyes will be on U.K. companies reporting, including Sainsburys and Marks & Spencer. Tim notes the integration of Argos into Sainsburys and the cost cutting required at Marks & Spencer.
Harrison also discusses how portfolio managers will position themselves into the end of 2017. Tim Harrison believes there is still value in U.K. stocks but is important to sell companies that are underperforming. Finally, Harrison talks about the defensive approach to investments at the present.
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