UK equities expected to bounce back from declines

UK equities are expected to bounce back from their recent declines later this year, according to Cha...

UK equities are expected to bounce back from their recent declines later this year, according to Charles Deptford, manager of the Baring Equity Income and UK Growth funds. Recent volatility represents a longer-term buying opportunity for investors since equities were valued fairly beforehand and are supported by good fundamentals, he says. “Equities were not expensive before the recent declines when valued on forecast earnings,” adds Deptford. “Compared with most other asset classes, UK equities offer good value. Some potential downside risk exists if interest rates rise more than the...