Woodford urges investors not to desert UK equities

Investors should not abandon UK equities despite a difficult macroeconomic environment, according to ...

Investors should not abandon UK equities despite a difficult macroeconomic environment, according to Invesco Perpetual’s Neil Woodford. He advised people to move cash back into the market to take advantage stock opportunities at attractive valuations. “The macroeconomic environment is going to become more difficult, and profits are going to come under pressure generally. Some sectors of the economy that have enjoyed a very good run whilst the economy has been expanding will find life very tough. But by the same token there are others that will navigate their way through this economic rec...