The UK mid-cap market is expected to perform well again this year as it has little exposure to the...
The UK mid-cap market is expected to perform well again this year as it has little exposure to the international markets affected by the US slowdown. For the 12 months to the end of December 2000, the FTSE 250 outperformed the All-Share, with a rise of 5.45% compared with the All-Share's fall of 7.97%. Angus Franklin, manager of the Baillie Gifford UK smaller companies department, is positive on the UK mid-cap market for 2001. "The UK is well positioned as it is, to some extent, isolated from the US slowdown. The UK is slowing, but not so that it is anything to be concerned ...
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