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...
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Taking up non-exec role
Following 2016 thematic review
December 2018 or early 2019
Eight-week high against US dollar