By Mark Lovett is head of UK institutional equities at Dresdner RCM Global Investors Even after ...
By Mark Lovett is head of UK institutional equities at Dresdner RCM Global Investors Even after taking into account the likelihood of a third successive year of negative returns from equities, it has been a frustrating year for UK equity fund managers. While far from isolated from the effects of the dismal global economic environment, the relative resilience of the UK economy has been exceptionally encouraging. This economic achievement, accompanied by superior earnings progression, has not manifested itself in outperformance for UK equities relative to their peers however. ...
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