The DebateNote of cautious optimism sounds in UK market after roller coaster year

Risk appetite returning to UK market but investors favour larger companies

This week's Conjecture focuses on the UK market. Taking part in the debate were Andrew Kelly from Cartesian Capital Partners and Phil Doel from F&C Investments. What have been the key influences on the UK market over the past 12 months? Phil Doel (PD): The last 12 months have been a bit of a roller coaster. We had a period at the beginning of the year when everyone was looking for growth, and were overly optimistic about how the world might pan out in the next year or two. We then had a very clear inflation period and a risk scare in May and June when inflation expectations, particular...