Valuations on UK equities in comparison with their very own historical past and versus continental and world friends probably put fund managers in a state of readiness as they await the following transfer in rates of interest.
Out of favour
The suggestion that the UK market is ‘low cost’ and unloved is dominating the finance pages, with many commentators anticipating an acquisition flurry from personal fairness and abroad buyers.
UK financial progress flatlines in April
The asset’s poor picture is maybe finest personified by UK-based insurance coverage and pension funds, which owned 52% of UK equities in 1990 however solely personal arou…