Stocks in the industrial goods sector tend to include those that produce goods used in construction and manufacturing. They include companies in the aerospace and defence, industrial machinery, tools, fisheries, forestry, construction, waste management, manufactured housing, cement and metal fabrication segments.
The health, or otherwise, of the sector is influenced by factors such as the demand for building and construction and for manufactured products. Economic conditions and governmental decisions – including regulatory or infrastructure matters – can affect the performance of these stocks.
Kevin has over 30 years of research experience in a range of market segments including Support Services, Industrials and Utilities. He ran the equity research team at Seymour Pierce and was Head of the European Support Services and Industrial Transportation team at ING. In his early career he held senior research positions at Chase Manhattan Corporation and Merrill Lynch. He graduated with a degree in Chemical Engineering and is a Chartered Engineer, a Member of the Energy Institute, a Fellow of the Royal Society of Arts and Commerce and a Freeman of the City of London.
Barney is an equity analyst with over 20 years’ research experience. During his career, he has covered a broad spectrum of companies across several sectors including Energy, Manufacturing, Agriculture and Emerging Markets. He previously spent five years as Head of Research at both Old Park Lane Capital and Westhouse Securities, managing specialist teams of analysts with a focus on the Energy and Natural Resources sectors. A University of St Andrews graduate, his earlier experience included time spent at Williams de Broë and Credit Lyonnaise.