The UK market is the equivalent of a lone gazelle on the plains of Africa with a pack of hungry lions circling. Darius McDermott explains the analogy
The UK stock market drew precious little interest from fund buyers in 2024. Calastone data released in early January confirmed that UK-focused equities suffered the worst net outflows of any major market in 2024, shedding $13.3bn (£10.6bn). However, UK companies still have an allure for some buyers as merger and acquisition (M&A) activity hit new highs. 2024 was an astonishing year for M&A activity. Bids for UK companies tripled, with £49bn of recommended bids over the year, compared with £17.2bn last year. Investment bank Peel Hunt has calculated that about 5% of all companies lis...
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