Negative sentiment towards UK equities is here to stay, yet the recent market weakness has created some relief for mid-cap stocks: FTSE 250 price to earnings are now closer to the lows of June 2016, despite maintaining a free cashflow margin of 7.44%,...
According to IA's public register
Stronger underlying dividends
Effective from 18 June
'Forecasts are there to be beaten': Sterling spikes as Hammond delivers upbeat outlook in Spring Statement
Up 0.46% against the US dollar
Rebellions at FTSE 250 companies soar
MiFID II also a challenge
14 funds would have be affected
Concerned about Brexit and weaker pound
Fell 2.1% in day's trading
Indicator of UK economic strength
The moment the FTSE 100 broke through the psychological barrier of 7,000 once again last week, up 25% from its 2016 low when it closed at 5,537 on 11 February, should have been cause for celebration.
Broke 7,000 this morning
First it was the stockmarket and now it is household spending: financial and economic trends are defiantly failing to develop as predicted.
FTSE 250 suffered since referendum
Concern over prospects for FTSE 250 after referendum
Blue chips up 3% as PM Cameron heads to Brussels
Volatile week for index
The growing influx of overseas investors into the London stockmarket is providing opportunities for UK multi-cap managers to find overlooked 'valuation anomalies' further down the market-cap spectrum.
Old Mutual Global Investors (OMGI) is to alter the investment objective of Richard Watts' UK Mid Cap fund to allow the manager to hold more in mid-cap stocks sitting outside the FTSE 250.
Miners and financial are dragging down the FTSE 100 index this morning, with HSBC among the biggest fallers following the news of further cost-cutting at the bank.
Despite the recent underperfomance of the small-cap sector, Gervais Williams, managing director of the Miton group and manager of the recently launched Miton UK MicroCap trust, argues in a world where growth has stalled, it can be a big advantage to be...
Domestically-oriented stocks have helped power significant gains for UK markets this morning, as investors responded positively to news of a Conservative election win.
Fund performance skewed by benchmarks