Industry Voice: It's time to get excited about UK dividend growth
RLAM's Senior Fund Manager, Richard Marwood outlines the background to how investors fell ‘out of love’ with the UK market but points to positive signs of a recovery.
A ‘no-deal' exit from the EU was avoided at the last minute, while the roll out of the Covid-19 vaccination has been successfully implemented, especially in comparison to neighbouring countries in Europe. Covid-19 impinged on consumers' spending over the course of 2020, resulting in a strong-level of pent up demand, which bodes well for the UK economy.
Many companies have resumed making dividend payments, with market expectations for a sharp recovery in dividend payments over the course of 2021.
Past performance is not a reliable indicator of future results. The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not get back the amount originally invested. The views expressed are the author's own and do not constitute investment advice.
About us: Royal London Asset Management (RLAM) is one of the UK's leading fund management companies, managing assets on behalf of a wide range of clients. Our experienced team of investment specialists manages around £147.2 billion of assets (as at 31.03.2021), investing across all major asset classes. Our funds are aimed at meeting a broad range of investor needs.
Contact details: [email protected] and 020 3272 5950
