UK equities

Economists can always prove us wrong but, in general, smart people tend to be better off.

CONJECTURE

Investment Week Conjecture

FUND MANAGER FOCUS

Some UK equity fund managers are taking risk off the table in the belief Britain is facing a double-dip recession, following lacklustre GDP figures released last week.

Legal & General Investments' Robert Churchlow has added two new positions to the £232.3m Growth trust ahead of expected merger and acquisition activity.

Colin Morton, a large-cap specialist at Rensburg, has warned UK equity markets could reach dangerously high levels before prices see a correction.

Investors seeking growth opportunities in the UK equity market are becoming increasingly frustrated by talk of a double-dip recession, rising political uncertainty and bearish expectations.

After a difficult 2009, 2010 has started well with many firms growing their dividends by more than expected.

Saltus's Dan Kemp on what investors should take away from Alistair Darling's third Budget.