Blacksquare Capital's chief executive Christopher Peel gives his outlook for gilts and bonds this year.
Some 51% of income in the UK market comes from just 10 companies, and 68% comes from 20 companies. Most UK equity managers cluster around these familiar names, meaning the make-up of many UK equity funds is very similar.
Unregulated Collective Investment Schemes (UCIS) are a growing part of an adviser's potential portfolio of investment options, even though, as a sector, it is relatively young.