UK equities could be 'sensational value'-Mott

The manager of the PSigma Income fund says there will only be a prolonged period of equity market weakness if the economy is mis-managed by the Bank of England, including a failure to aggressively cut interest rates. Commenting on his fund in the current climate, Mott says: “The yield on the underlying portfolio is now similar to that available on ten year government bonds. During my career, this has only been the case on two or three occasions and each time it has been a great buying opportunity. "It is only under the ‘twice a century’ Armageddon scenario that equities are not good val...