Dec 15 2022
Market insights on China, US stocks, Diverse Income Trust - Paypoint, TP ICAP, Just Group (LON: DIVI)
The Diverse Income Trust (LON:DIVI) fund manager Gervais Williams joins DirectorsTalk Interview to discuss current market conditions.Gervais shares his thoughts on China, the internal challenges they are facing and the broader macro-economic changes.If in the US, the recessionary market will bring about further declines or should we expect the stock market to rally in anticipation of a decline in interest rates and a return to economic growth.the UK, the CBI gave a rather downbeat forecast for the UK economy in 2023 and said GDP would fall -0.4%. Gervais explains how diversification in The Diverse Income Trust positions it well short-term and for the recovery.And touches on companies in the portfolio, Just Group, TC ICAP and Paypoint Plc.The Diverse Income Trust, invests primarily in quoted or traded UK companies with a wide range of market capitalisations, but a long-term bias toward small and mid-cap equities.Just Group plc (LON:JUST) formerly JRP Group plc and, before that, Just Retirement Group plc, is a British company specialising in retirement products and services headquartered in Reigate, Surrey. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.TP ICAP Group plc (LON:TCAP) is a financial services firm headquartered in London, United Kingdom. Its stock is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. PayPoint plc (LON:PAY) is a British business offering a system for paying bills in United Kingdom, Ireland and Romania. It is listed on the London Stock Exchange.