Unloved UK mid caps are continuing to lag but have made up some lost ground against the FTSE 100, acc...
Unloved UK mid caps are continuing to lag but have made up some lost ground against the FTSE 100, according to Rensburg’s Paul Spencer. Spencer manages the UK Mid Cap Growth Trust and UK Managers’ Focus Trust for the group. He said the FTSE 250 has been more than 10% behind the mega-cap index over the last 12 months due to the former’s greater exposure to discretionary consumer spending. “With so many dreadful individual performances it seems churlish to pick on any specific sector, but suffice it to say that real estate, general retailers, travel and leisure, general financial and hou...
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