Has the UK been left behind by the growth wave?
The UK is one of the few major markets to lack any technology presence, but its unique composition offers diversification opportunities
The UK is one of the few major markets to lack any technology presence, but its unique composition offers diversification opportunities
However, growth versus value argument is not as clear cut as it once was
As the stock market re-kindles its love of growth
Labels such as value, growth and quality lack nuance
Large-cap and tech reigned supreme during the pandemic, meaning some areas have been neglected
And which assets will be most affected?
‘Government bonds, in theory a port in a storm, have provided no shelter’
Airlines, energy, banks and insurance the strongest performers of the past four months
‘Areas such as oils and miners are starting to perform strongly’ says AJ Bell head of active portfolios
Emerging markets and small caps predicted to outperform large caps and developed markets
The investment process ‘seems simple and sensible’ but ‘it is much easier to say than do in practice’
Schroders’ Stuart Podmore gives the lowdown on the psychology behind emotion-driven investor behaviour.