Home > Uncategorized > Kicking the habit: why more income managers are falling out of love with tobacco giants – Citywire

Kicking the habit: why more income managers are falling out of love with tobacco giants – Citywire

Kicking the habit: why more income managers are falling out of love with tobacco giants – Citywire.

This is a really good analysis piece focusing on Imperial Tobacco and BAT in particular, and suggesting strongly that the tobacco sector is now “over valued and over owned” by income fund managers.

The FTSE 100 has been surging ahead but Imperial has been left behind.

Time for public sector pension fund managers to get out?

 

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