UK valuations are converging as growth stocks see return to favour

The Debate

Driven by small and mid-cap stocks and resources, the growth of the UK economy looks set to continue

This week's Conjecture looks at UK equities and whether the recent performance of the UK stock market, driven by mid caps and commodities while the economy has been characterised by steady predictable growth, is likely to continue. Taking part were Leigh Harrison from Threadneedle, Charles Deptford from Barings and Chris Rodgers from HSBC Halbis Partners. Looking at the UK stock market as a whole, which sectors and market capitalisations have been the best performers recently? Leigh Harrison (LH): The last two or three years have seen the spectacular outperformance of small and mid-cap s...