Statwatch: Neptune UK Equity fund

Fund managers should take a global view when investing in the UK stock market as more internationall...

Fund managers should take a global view when investing in the UK stock market as more internationally-oriented companies are positioning themselves in the UK, according to Neptune’s Jeremy Smith. The UK Equity fund manager said many global companies are listed on the London Stock Exchange with numerous traditional UK companies expanding their businesses abroad. This means UK economic trends no longer consistently correlate with these stocks. Smith said: “There are very little larger companies that have exposure to just the UK economy. Our point of view is to analyse sectors globally r...