Unique challenges in recent years have wiped out many competitors, allowing strong UK businesses to cement their leading positions. Despite this increasing dominance, valuations often remain extremely attractive, offering exceptional opportunities for investors
UK equities have been unloved by the market for a number of years, but innovative and well-run businesses are still very much present and are available at incredibly cheap valuations. Consequently, we are in the midst of a particularly attractive environment for active stock pickers with a flexible and unconstrained approach. TT’s UK Equity Strategy has a strong track record over 19 years of generating attractive risk-adjusted excess returns. It is therefore very well placed to exploit the current opportunity set.
Andy Raikes, PM of the TT UK Equity strategy, hosted a webinar in which he discussed why certain parts of the UK equity market are looking so attractive at the moment, delving into a couple of the themes he thinks will help him generate alpha in the medium term:
1) Unique challenges facing the UK in recent years have wiped out many competitors, allowing strong UK businesses to cement their leading positions
2) The valuation dislocation for UK mid-caps
The webinar begins with a 5 minute introduction to the strategy and can be viewed below.