IW Long Reads: Why 2021 could be a vintage year for UK equities

Encouraging outlook for UK equities

After what could be described as a torrid year for UK equities, fund managers and fund buyers are predicting a huge reversal of fortunes in 2021. According to FE Analytics, the FTSE 100 has fallen 10.7% over the year to December 14, but these numbers tell only half the story of what has happened. Prior to the relief rally in November that stemmed from the successful trials of a number of vaccines, the index of the UK's largest 100 companies had fallen 24%. However, a bounce over 12% in the month of November softened the blow somewhat and as a result investors are entering next year in a...