Why the apathy surrounding UK equities? - ERP Spain.com - España y América Latina

Why has the performance of the UK market lagged that of many other countries despite its recovery since October 2022? Julian Cane, manager of CT UK Capital & Income Investment Trust, will look at some possible explanations. Although there are reasons to be cautious of the UK economy, it’s also notable that the Bank of England has just made a substantial upgrade to its economic forecasts. While a higher rate of inflation is recognised as a drag on investors’ real returns, the potential of growth from equities can be seen as a cure. The trust isn’t managed with a particular macro view of the economy, but on a bottom-up basis, with a focus on individual stock selection. Julian will cover positioning in the current climate and the main drivers of performance.