CRUX AM's Richard Penny: UK economy has 'rebound potential'

More potential for growth in 2022

Elliot Gulliver-Needham
clock • 2 min read
Richard Penny of CRUX AM

Richard Penny of CRUX AM

The UK economy has “rebound potential” due to its high vaccination rate and lower valuations, said Richard Penny, manager of the TM CRUX UK Special Situations fund, which recently surpassed £200m AUM.

While it is "easy to be negative on the UK economy" due to the lingering effects of Brexit and "not having the big growth stocks as in the US," Penny noted he does not believe "we saw the recovery that...

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