UK

Brexit discount means strong stocks are cheap

Buys IP Group at 13% discount

Managed by newly-appointed Matthew Norris

Business has diversified to four portfolio management teams

Recent history has been challenging for income-seeking investors.

Investing when companies are raising money

Reiterates 'buy' recommendation

Brexit risk putting investors off domestic stocks

Hails group's 'exceptional' track record

Opportunities in digital payment firms and e-commerce