Fund manager Alexandra Jackson looks at the prospects for UK equities…
The UK economy has long been subject to pessimistic commentary, yet a closer examination reveals several encouraging developments that suggest markets may be under-pricing Britain's economic prospects. For equity investors, this disconnect between perception and reality presents a compelling opportunity. Economic recovery takes hold Recent economic data points to a nascent recovery gaining momentum. Citi's UK Economic Surprise Index has returned to positive territory, indicating that economic releases are consistently exceeding expectations. The composite Purchasing Managers' Ind...
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