UK mid caps attractive relative to FTSE 100 stocks

There can be no doubt the protracted Brexit debacle in the UK is casting a long shadow over its investment markets.

This is hardly surprising as investors tend not to like significant uncertainty.  Politics is notoriously difficult to predict and as a result, assets that appear to be at risk of being impacted by whatever flavour of Brexit we end up with, are being penalised from a valuation perspective. The question for investors today is how much bad news is already affecting the price and whether it might be overdone. If it is, then markets may have overreacted to the negativity, meaning there may be a valuation opportunity for judicious investors to exploit. RWC's Lance: UK equity valuatio...