Kennox duo: We are finding fewest opportunities in our history

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Concerns over pricey equity markets and the risks of value traps have pushed investment opportunities to their lowest level for seven years, according to the co-manager of the Kennox Strategic Value fund.

Geoff Legg (pictured), who runs the £200m portfolio with Charles Heenan, said the pair’s market screen is throwing up a record low number of attractively-priced companies. The managers have also been...

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