Despite Brexit stifling the UK economy for the most part, clever investing in UK growth areas could offer steady returns in an unpopular market.
The FTSE 100 currently under-represents high growth areas such as tech, therefore, such UK equities have been left under-owned.
UK valuations have remained depressed over the last few years, offering investors 30% discounts; And, with 2018 showing record high dividend payments in the UK (now yielding 5%) there is much to be said for the opportunity to invest 'cheaply' within economically safe industries like technology.
We invest on a three- to five-year time horizon, not on a quarterly basis. Therefore, with rational consideration of industry and thematic opportunities, in conjunction with fundamental research, returns could prove to be very rewarding. In a world of low rates and sluggish growth, we look to companies, large or small, domestic or global, with quality and compounding attributes.