UK equities

After 12 turbulent months for equity markets, top industry managers believe the worse is now behind them regarding dividend cuts

HSBC UK Focus manager selling out of stocks that are susceptible to government cuts

Although it was only 12 months ago, it is worth recalling the depths of the gloom that enveloped equity markets during the first few months of 2009.

Standard Life Investments' decision to roll out a UK Equity Recovery fund last year proved to be almost perfect, with the vehicle launching on almost the exact point of the FTSE All Share's six-year low.

Threadneedle head of UK equities Leigh Harrison remains cautious in his long-term view of UK equities despite recent improvements in growth.

Aegon's UK Equity Absolute Return launch will have a conservative investment strategy with a VaR of just 5%.

10 companies account for 60% of all dividend income, as concentration worsens

Axa Ethical Distribution fund manager Richard Marwood has added to financial stocks this month and offloaded almost all traditional gilts on concerns of inflation.

The UK economy is recovering, although we expect the recovery to be fragile and anaemic.

For UK equity investors, the New Year has not started as brightly as the old one finished, but this does not mean the recovery has ended.