Psigma: Buy UK Stocks, But Not Yet

Both UK stocks and UK bonds have further to fall and will become "outstandingly cheap" later this year, says Psigma Investment Management

David Brenchley 9 January, 2019 | 8:31AM

Theresa May, Brexit, UK stocks, UK equities, FTSE 100, UK bonds, buying opportunity, China growth, China slowdown

UK stocks and bonds will become “outstandingly cheap” in 2019 and present investors with a buying opportunity, according to Psigma Investment Management.

Many asset allocators have noted that, having de-rated heavily in recent months due to Brexit uncertainty, UK stocks are now the cheapest they have been for years. Most UK equity indices are currently languishing at two-year lows.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
BGF Asian Growth Leaders D216.42 USD0.98
MI TwentyFour AM Dynamic Bond I Acc155.94 GBP0.08
MI TwentyFour AM Focus Bond A Inc1.02 GBP0.00

About Author

David Brenchley

David Brenchley  is a Reporter for Morningstar.co.uk

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