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Fund manager reveals what needs to change for her to invest in luxury stocks

CNBC
Summary
Nutrition label

77% Informative

Hannah Gooch-Peters of Sanlam Investments is cautious on luxury stocks like LVMH.

The portfolio manager said she would need a "larger margin of safety" before investing in the world's largest luxury group.

She said Chinese consumer confidence is holding her back from buying luxury stocks.

Gooch Peters also likes U.S.-based CME Group , one of the largest derivates marketplaces.

VR Score

86

Informative language

90

Neutral language

71

Article tone

formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

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