leadf
logo-loader
viewSVM Asset Management
(
LSE:SVM
)

SVM Asset Management say economic survivors of 2020 could see 'sharp recovery'

SVM Asset Management's Colin McLean talks to Proactive London about what to expect economically for the year ahead.

Mclean says there is an expectation that 'the survivors could see a pretty sharp recovery'. Even in the areas that have been very badly hit such as airlines, with companies such as Ryanair and Whizz, which have seen 'a lot of competition fall away as well as a huge pent up demand for travel and hospitality and a high level of savings for those people who have been able to carry on working'.

He goes on to say that the survivors will be able to move their pricing up quite a bit as well. He discusses the high street's Next which has been able to survive and continues it's transition online.

Quick facts: SVM Asset Management

Follow
LSE:SVM

Price: 115.5 GBX

Market Cap: £6.92 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of named herein, including the promotion by the Company of in any Content on the Site, the Company receives from said issuer annual cash...

FOR OUR FULL DISCLAIMER CLICK HERE

SVM UK Emerging Fund looks for good growth opportunities in the small to...

SVM UK Emerging Fund's Margaret Lawson talks to Proactive London about the purpose of the Fund, the investment process behind stock selection and the current outlook. The investment objective of the SVM UK Emerging Fund is long-term capital growth from investments in smaller and medium sized...

2 weeks, 1 day ago

2 min read