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Former Neptune manager Rob Burnett has unveiled plans for the first fund launch from his new investment business, Lightman Investment Management, which has received FCA authorisation and was set up at the start of this year. The team will take a minimum two-to-three-year view, investing in companies valued at low price-to-book and price-to-earnings ratios with high free cash flowyields, while avoiding companies at high valuation ratios. Banks Burnett, who previously headed up analysis of the global financials sector at Neptune, is bullish on European banks, where he says there are "good opportunities at these prices" naming SocGen and Intesa Sanpaolo as potentially interesting.
Details
Subject
Business indexing term
Location
Classification
Title
Rob Burnett unveils first fund from Lightman Investment Management
Author
Investment Week; London
Pages
5
Publication year
2019
Publication date
Feb 18, 2019
Section
Interview
Place of publication
London
Country of publication
United Kingdom
Publication subject
Source type
Trade Journal
Language of publication
English
Document type
Interview
ProQuest document ID
2187735218
Document URL
https://www.proquest.com/trade-journals/rob-burnett-unveils-first-fund-lightman/docview/2187735218/se-2?accountid=40258
Copyright
Copyright Incisive Media Limited Feb 18, 2019
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Last updated
2024-11-30
Database
ABI/INFORM Collection