Speaking at PA’s Autumn Congress, senior product manager Andrew Straughair explained how a number of great businesses in the UK have been trading at the most attractive valuations for 6-12 months, with share prices having been hit for little reason other than negative sentiment on emerging markets.
The £134m fund, which is co-managed by Colin Morton, Paul Spencer, Richard Bullas, Ben Russon and Mark Hall, currently has its highest allocation to industrial goods & services, and retail.
Straughair also spoke on the UK’s forthcoming in-out EU referendum, explaining how the establishment of working trade agreements would be essential to how the markets react to a potential exit.
