Brazier: Equities cheap despite forecast

Threadneedle head of UK equities says stocks look good value despite precarious state of the UK economy

Simon Brazier, co-head of UK equities at Threadneedle, says valuations on UK stocks remain cheap despite well-publicised problems facing the country. “The basis of how we run money is valuation. At certain points in the cycle we will buy growth stocks, and at other times we will be buying more ‘recovery’-focused stocks. This has helped deliver consistent strong returns through the cycle.” Brazier believes the UK economy is likely to remain weak for some time because of the weakness of consumers. The UK growth rates from the government have GDP growth rebounding at around 2.6%, lookin...