Top picks from David Driscoll, president and CEO, Liberty International Investment Management
David Driscoll, president and CEO at Liberty International Investment Management, discusses his top picks: Fomento Economico Mexicano, Chubb, and Svenska Handelsbanken.It is a consumer staple with subsidiaries in convenience stores and gas stations, pharmacies, Coca-Cola products and logistic operations. The company has businesses throughout Latin & South America. Its stock price descent began after COVID lockdowns ended and if the U.S.
It benefits from rising insurance prices in the 15 per cent range, well ahead of inflation, an industry-best combined ratio of 87.5 per cent and investment income up 13 per cent because of higher interest rates earned on its investment portfolio . Last purchase was Dec. 9 at $217.33.It is a European bank mainly with business in the Nordic countries plus the U.K.
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