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'Crunch-beating' stocks selected by experts

Fund managers have given their top tips for credit crunch-beating stocks, the Guardian reports.

Jeremy Tigue, who runs the Foreign & Colonial fund, told the newspaper that the current economic turbulence meant that customers had a "great opportunity" to invest.

"The excitement in markets has overshadowed just how cheap share prices are," he added.

"[There] will be a huge rise [in stocks]."

Fund manager at Invesco Perpetual Martin Walker picked 'stocks to watch' as the BT Group, GlaxoSmithKline and building firm Wolseley.

Manager of the Jupiter Income Trust, Anthony Nutt, also said that he favours Rolls-Royce and publishers Reed Elsevier as relatively cheap stocks which could rise in the near future.

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