Global asset allocators have taken a consensus underweight position to the FTSE, with the UK at its most unloved point in decades relative to other developed markets.
Allocation to sector jumped to £40bn in 2017
In recent months, investors have reacted to a perceived bout of increased uncertainty in global markets as the short-term mood has shifted from one of championing synchronised global growth and reflation to one more of nervousness around emerging markets...
Joins from Pinebridge Investments
It has been a turbulent few years for UK income investors.
Emphasis on grassroots education encouraged