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Fund managers spot recovery signs for income-paying UK equities

Fund managers see 'signs of a tentative recovery'

BAE Systems is one company giving UK fund managers cause for optimism
BAE Systems is one company giving UK fund managers cause for optimism
  • David Brenchley
  • David Brenchley
  • @davidbrenchley
  • 12 August 2020
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Fund managers have turned positive on the outlook for UK stockmarket performance amid “tentative signs of a recovery” in both dividends and M&A activity.

Estimates suggest the Covid-19 pandemic wiped around 40% off the value of dividend payments to shareholders across the UK stockmarket, as companies slashed, cancelled or deferred distributions. The...

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