UK GROWTH: Pockets of growth remain within the UK equity markets

Investors seeking growth opportunities in the UK equity market are becoming increasingly frustrated by talk of a double-dip recession, rising political uncertainty and bearish expectations.

However, for those prepared to conduct focused searches on quality franchises further down the market capitalisation spectrum, there still remains scope for unearthing strong growth opportunities within the UK equity market. This is despite it being dominated by low-growth oil majors, a banking sector not yet out of the woods and structurally challenged telecom and pharmaceutical stocks. One such growth opportunity is Smith & Nephew, the orthopaedics, endoscopy, and advanced-wound management group. The company has a nice blend of top-line growth and opportunities to significantly improve...