The entrenched pessimism towards UK equities has created an intriguing value case. The dividend yield in particular hovers at about 4%, a threshold which traditionally indicates healthy performance going forward.
Moreover, the UK's average yield is now some 1.5x that of other developed markets. Other measures also point to undemanding valuations. The UK's 12-month forward P/E ratio relative to the MSCI World...
Marcus Brookes appointed CIO
Industry Voice: Over the past ten years, investors have operated in an environment characterised by extremely accommodative and unconventional monetary policy.
Latest news and analysis
Aviva Investors' chief investment officer for equities, David Cumming, discusses how his team have integrated ESG factors into their decision-making process