UK economy a matter of contrary interpretation for hedge managers

UK LONG/SHORT

Managers in the UK long/short sector are split on what message the economic health of the UK is giving, and how they should construct their portfolio as a result.

Hubert van den Bergh, portfolio manager at Park Town Asset Management, says the UK equities market is over-valued, with a 60% correlation to the S&P, which is trading at a premium to the long-running average.

With fundamentals strong, interest rates rising, low dividend yields and personal debt and bankruptcies high, he says the mark

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: