UK equities: navigating the maze

UK EQUITIES

With the UK equity market facing challenging times, where should investors look to find the best stocks?

The UK stock market provides many interesting challenges, however, importantly it should not be confused with investing in the UK domestic economy. The complexities of sterling, low barriers to takeovers and a high level of stock concentration are three of the more striking features of the UK stock market though arguably the most striking (and currently attractive) feature of all is the low proportion of profits earned in the domestic economy. Not only is a good understanding of the UK economy a pre-requisite to fundamental UK equity investment, so too is a good working knowledge of...