Miton's Jackson: Three hidden gems in the UK market

The pleasures of unearthing a new investment idea are often enhanced when the level of analyst coverage or mainstream institutional ownership is lower than average, writes Andrew Jackson, manager of the Miton UK Value Opportunities fund.

We all prefer the thought of being a member of an exclusive club instead of one of the masses, and returns are often boosted when increasing analyst and investor interest eliminates the discount, which often accompanies the unknown. One side effect of many years of relatively stable economies and trending markets is that the scope to find previously undiscovered opportunities is reduced, but here are three companies across the market cap range which we believe have a lower profile than they deserve. Carnival Corporation Carnival Corporation is a classic case of an essentially overse...