M&A Activity Good News for Post-Brexit Britain

The amount of bid offers for UK companies by foreign corporates proves UK stocks are significantly undervalued

David Brenchley 11 April, 2018 | 10:11AM
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The sheer number of bids for UK companies by overseas businesses proves the UK market is significantly undervalued, according to fund managers, who believe investors should be bullish despite Brexit risks.

UK assets are currently well out of favour with investors, as a look at fund flows shows. In the 12 months to 28 February, more than £6 billion has been pulled from UK equity-focused funds, according to data from Morningstar Direct.

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The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
CME Group Inc Class A211.90 USD0.00Rating
Comcast Corp Class A54.02 USD0.00Rating
FP Octopus UK Micro Cap Growth P Acc425.18 GBP0.38Rating
Hammerson PLC33.56 GBP0.00
Henderson High Income Ord157.21 GBP-3.55Rating
International Paper Co53.28 USD0.00Rating
Klepierre19.08 EUR0.00
LF Equity Income C Sterling Acc3.44 GBP0.00
Premier Miton UK Smaller Companies B Acc410.23 GBP0.92Rating
Smurfit Kappa Group PLC3,759.00 GBP0.00
Whitbread PLC3,369.00 GBP0.00
Zotefoams PLC360.00 GBP0.00

About Author

David Brenchley

David Brenchley  is a Reporter for Morningstar.co.uk