Focus on Quality When Picking Stocks: Pro

3:15 AM ET Thu, 2 Aug 2012

"As far as possible you want to choose companies which are managers of their own destiny, that is going to be pretty difficult in this macro environment but the sort of companies I am looking for are going to have strong balance sheets and good market positions," Jane Coffey, senior fund manager and head of equities at Royal London Asset Management, told CNBC.