Chelsea Financial Services has highlighted four UK equity funds which could benefit from changes announced in Wednesday's Autumn Statement, especially those related to housebuilding and infrastructure spending.
Chancellor Philip Hammond gave his first and last Autumn Statement on 23 November, after being appointed to the position in July. His announcements included a new £23bn National Productivity Investment fund focusing on innovation and infrastructure, which will make investments over a five-year period and a £2.3bn housing infrastructure fund. Hammond also announced additional investment in research and development (R&D), rising to an extra £2bn per year by 2020-21. This would boost technology and science firms. Chelsea Financial Services managing director Darius McDermott (pictured)...
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