Crispin Murray: Five key investment issues in the BTIM outlook

Crispin Murray: Five key investment issues in the BTIM outlook. In a presentation to investors Crispin Murray, Head of Equities at BT Investment Management, has outlined the investment issues he is focused on in the current market. 1) Cautious on market valuations but not yet bearish given policy settings 2) The yield theme has largely run its course and investor need to be far more discerning around the sustainability and growth of dividends 3) With current high PEs the stocks that fail to deliver will be sold down heavily 4) Management teams that can continue to improve their industry position or deliver further cost outs will be rewarded 5) There are pockets of the market that will benefit from lower rates and a dollar. In this full presentation Murray provides more detail and outlines some stocks that fit his current criteria. Watch the presentation here: (VIEW LINK) @btim