Threadneedle optimistic on UK equity

Outlining the firm’s investment strategy for November, the company’s chief investment officer Sarah Arkle said although Threadneedle believes bonds offer reasonable value, the outlook for equities is superior. Arkle said with the corporate reporting season in this year’s third quarter reasonably advanced, the global trend continues to be for the balance of companies to surprise on the upside. Subsequently, she said the investment house has recently revised its earnings forecast for the US for both this year and next as the market represents better value than before. During the l...