Brexit – opportunity in uncertainty?

The UK is set to leave the EU on 31 October. Under new Prime Minister Boris Johnson the prospect of a ‘no-deal’ Brexit – once viewed by many as unthinkable – is now a real possibility.  The questions are: what might be the fallout if the UK crashed out of the EU? And what would … Continue reading “Brexit – opportunity in uncertainty?”

Will the UK economy slip into recession?

Disappointing GDP data shows the UK economy contracted in the second quarter and raises the risk of the country entering a technical recession. The UK economy contracted by 0.2% in the second quarter, following 0.5% growth at the start of the year. What was behind the data? A sharp drop in manufacturing output (-2.3%) over … Continue reading “Will the UK economy slip into recession?”

Boris Johnson: the challenges faced by the new UK PM

Boris Johnson has won the Conservative Party leadership contest to succeed Theresa May as Prime Minister. The former Foreign Secretary and Mayor of London beat Jeremy Hunt, the current Foreign Secretary by a wide margin: 66% to 34% of the votes. From the outset, Johnson must navigate a deeply divided party, and a shrinking majority … Continue reading “Boris Johnson: the challenges faced by the new UK PM”

May resignation raises UK recession risk

Prime Minister Theresa May has now announced her resignation, stepping down on 7 June. This will trigger a Conservative Party leadership contest, the winner of which would also become prime minister. May’s resignation follows the end of Brexit talks with the opposition Labour Party, which officially concluded without agreement. At this stage, bookmakers have the … Continue reading “May resignation raises UK recession risk”

Creating a virtuous circle in residential investing

How do we balance effective residential investing with being sensitive to tenants’ needs and to climate change? With the right approach, they can be far more harmonious that you might think. In fact, we would argue that they are intrinsically linked. Using change as a lens We have identified four global forces for change that … Continue reading “Creating a virtuous circle in residential investing”

Three reasons why the UK stock market looks compelling

Whatever the opposite of a sweet spot is, many investors think UK equities are currently in one. With Brexit still unresolved, some have put the market in the “too difficult” basket. While it is understandable to fear uncertainty, as stock pickers we embrace the mis-priced opportunities created by it. The global nature of the market … Continue reading “Three reasons why the UK stock market looks compelling”

Why a pick-up in UK growth may prove deceptive

Recent economic data from the UK has improved but signs are that this is due to stockpiling ahead of worries over potential Brexit disruption. Brexit continues to dominate news and politics in the UK. Even lowly economists pray for a break from the mundane gridlock and circular arguments. Now that the Brexit deadline has been … Continue reading “Why a pick-up in UK growth may prove deceptive”