Making the case for UK large caps

News from the eurozone and the sovereign debt crises may have dominated financial headlines of late, but the recent news about the UK economy has also provided evidence of the fragile condition of the domestic economic situation. Indeed, according to Sir Mervyn King, governor of the Bank of England, we are in the middle of the worst financial crisis since the 1930s. This level of economic weakness is not a big surprise and I expect this challenging environment to persist for several years to come. This view has been instrumental in shaping my investment strategy for the past year or so, ...