Fosh and Cross look for firms bucking the trend

Liontrust duo Julian Fosh and Anthony Cross discuss their outlook for UK equities and how they have pulled up performance on First Growth

There are a lot of concerns about the state of the UK economy. Why would anyone want to invest in a UK equity fund now? Julian Fosh: Firstly, there is an argument UK investors should always have some of their assets in the UK from a liability matching point of view. Secondly, although the economy is not doing well this is not new news. After all, it is fear of the consequences of the financial crunch that drove the market down to its low in March last year from highs of 7,000, so there is an argument quite a lot of the bad news is priced in. But perhaps most importantly from our perspec...