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The Daily Telegraph

26 December 2009
Quote

Fund and share tips for 2010
by Kara Gammell

Alan Steel gives his tips for 2010.

 

Now is a good time to start looking ahead to a better 2010 with our experts' New Year resolutions. But there are prospects for gain as well as pain with tips on which shares and sectors to buy – plus their forecasts about where the FTSE 100 will finish next year.

Last year's FTSE forecasts by each expert are shown in brackets.

....  Alan Steel, Chairman, Alan Steel Asset Management

FTSE 100 prediction: 5800 (5600)

Top share: DTZ Holdings

"A share I'm buying is DTZ Holdings. They are specialists in commercial property management and basically they've got the Far East and developing countries sewn up. It's a cyclical share, and the current share price is a bargain."

Top sector: Financials

"Usually the best investment sector for a year is the bombed-out one from the previous year. So, being really brave, I plump for financials, especially banks."

Top country: Singapore

Top fund: Allianz RCM BRIC Stars

Quote courtesy of The Daily Telegraph, 26 December 2009.

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