Ghouls rush in? The not-so frightening outlook for UK equities

Home market ticking along nicely - for now

clock • 4 min read

UK equities have been haunting multi asset investors' portfolios, cursing them with poor returns for several years. The unpopular makeup of the FTSE 100, a market devoid of almost all things technology based but heavy on big oil and big banks - plus the looming spectre of Brexit - has scared many investors away.

In fact, the UK is now so unpopular that it is now "normal" for UK managers to no longer hold a significant portion of their portfolios in UK assets. Can anybody dare to imagine the horror show if the US retail and institutional investors ever went down the same track? Now that would be genuinely scary.  This already difficult situation was compounded in February this year as investors swiftly decided which stocks were likely to succeed in pandemic conditions and which should be discounted or sold completely.  A Nightmare on Regent Street? The ghost of retail past even store credit...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

Trustpilot