UK equities: What the 'first stage of Brexit clarity' means for investors

Following the Conservatives' victory in last year's General Election, the UK has left the EU and, according to current plans, entered a transition period until the end of 2020.

This, the first stage of Brexit 'clarity', has seen fund flows into UK equities increase sharply. Renewed enthusiasm for listed equities has boosted asset prices and presents a challenge for fund managers to deploy investor funds into companies with good growth potential, at attractive valuations. An additional factor at play is the competition for assets from private equity firms which are sitting on estimated cash piles of $1.5trn-$2trn. We have seen significant M&A over the past year, particularly as weaker sterling made UK assets appear better value. Brexit Day: Where do UK mar...