Last year provided another year of strong gains for the UK equity market, with rising company profit...
Last year provided another year of strong gains for the UK equity market, with rising company profitability, undemanding valuations and a boom in corporate activity all pushing the market higher. The positive risk appetite of investors was largely maintained despite rising global interest rates, surging energy prices and geo-political instability. Many commentators speak of the same again for 2006 and to a certain extent, we agree. The UK equity market should continue to make progress this year. Global liquidity is healthy, despite higher US interest rates and the strong petro-dollar, m...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes