When it comes to picking stocks, Hannah Gooch-Peters of asset management firm Sanlam Investments UK avoids chasing trends.
She said she believes investors need to look beyond the "Magnificent Seven," referring to Apple , Amazon , Alphabet , Meta , Microsoft , Nvidia and Tesla — tech stocks that have made massive gains this year.
Sanlam's $5 billion-plus Global High Quality Fund invests in global stocks with a "high quality bias."
The companies her firm picks have rather low capital expenditure as a percentage of their sales, she said.
It also has a "mortgage-signing technology service which is "really, really exciting," she said.
Persons:
Hannah Gooch, Peters, Gooch, We're, it's, you've, That's
Organizations:
Sanlam Investments, Apple, Microsoft, Nvidia, Tesla, CNBC, Quality Fund, Peters . Services, Yum Brands, KFC, Taco Bell, Intuit, SAP, Intercontinental Exchange, Samsung Electronics