Green shoots for equity growth as markets begin to look to the future

After an extremely turbulent last 18 months, we have finally started to see some recovery in UK equi...

After an extremely turbulent last 18 months, we have finally started to see some recovery in UK equities. Investors have regained some of their risk appetite but are now asking whether the recent rally is just a dead cat bounce or the start of a sustainable upturn. Certainly, we see the market as being very attractively valued. The P/E ratio is at a historic low, at just under 5% the dividend yield compares very favourably with base rates of 0.5% and the market is cheap versus bonds. In addition, although the FTSE 100 Index has rallied from its mid-March low of 3,500, investors shou...