Insight's multi-manager team sees return of UK large caps

The UK equity market is poised for a good year all round says Patrick Armstrong, director fund and manager selection, and companies with improved balance sheets will provide high yields. Europe and the Pacific region should do well too. However, Armstrong and colleague Ana Cukic-Munro, director portfolio strategy and construction, say the US could run into difficulties because of the employment issue. Job growth has stagnated despite a mass of liquidity injected into the market under George Bush’s administration but this is yet to result in significant improvements in demand for la...