Are overseas investors finally becoming more favourable on the UK?

Viewed as least-attractive region

UK shares are out of favour internationally. But amid the Brexit uncertainty, the UK economy has proved relatively resilient this year.

The strongest signal is the resumption of real wage growth, reversing the consumer squeeze. Inflation appears to have peaked in 2017, and is likely to ease further this year. In fact, it is falling faster than the Bank of England expected.  The strength of sterling is perhaps the clearest indication that confidence in the UK is returning. But shares have yet to benefit. Investor sentiment to the UK remains subdued  Since the Brexit vote in 2016, fund manager surveys have found that global investors view UK equities as the least attractive asset class. And there have also been ne...