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UK equities—shifting to a more positive narrative
UK equities have fallen out of fashion in recent years—not helped by a slew of negative headlines. However, Martin Currie’s Ben Russon believes it is time to change the narrative to a more positive one, and shares the reasons for his optimism.
Despite concerns about rising interest rates, a growth slowdown and stock market volatility, there are reasons to be optimistic about the outlook for UK equities, according to Martin Currie’s Ben Russon. He shares the latest data counteracting the cost-of-living crisis, trends that exhibit the strength of the UK economy relative to the rest of the world, and where he sees opportunities in the UK stock market.
Many investors had underestimated the strength of the UK economy, and derated equities even prior to the pandemic and today’s inflationary headwinds. However, despite the pressures on household finances, there are encouraging signs for continued economic growth—and attractive market valuations, according to Franklin UK Equity’s Ben Russon. He shares his latest UK equity outlook.
The global economy continues to recover from the COVID-19 pandemic, but some countries are opening up faster than others and experiencing greater degrees of growth this year. The United Kingdom is one that has seen a strong economic rebound, and its equity market has weathered the storm. But, with new uncertainties ahead—including the threat of inflation—is now a good time to invest in UK stocks? Ben Russon, Richard Bullas, Dan Green and Will Bradwell of our UK Equity team discuss.
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