This forum has been a bit quite for a while, so quoting today's Bloomberg article:
------------------ April 1 (Bloomberg) -- Investors should put their money in investment-grade companies with no refinancing needs and avoid taking positions in banks, BT Investment Management’s head of income strategies said.
Companies including Westfield Group, Coca-Cola Amatil Ltd. and Foster’s Group Ltd. are among the best placed to ride out the economic slowdown and represent good value, Scott Osborne, who oversees A$11.5 billion ($7.9 billion) in cash and fixed and floating-rate investments at the Sydney-based firm, said in a phone interview today. BT invests in those companies, he said. --------------------
FGL Price at posting:
$4.98 Sentiment: Hold Disclosure: Held