Alex Illingworth quoted in FT Adviser’s ‘Long read: Is consumer confidence 2025’s real danger?’

Alex Illingworth, formerly of Artemis who now manages the Goshawk Global Balanced ETF, is particularly concerned by the rhetoric of some of the companies he owns.

“You look at US airlines, they’ve all taken down guidance,” he said.

“We’ve got concerns over tariffs. We’ve got higher interest affecting the housing market. We’ve got Doge, which is creating uncertainty and some costs to certain companies like Accenture, which aren’t particularly in the consumer space but take a portion of their business from federal budgets.”

“We’ve felt this concern from a broad brush of companies over the past month.”

 

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