Investment Conundrums: Premier Miton's Harris on the UK headwind nobody is talking about

Tackling an 'age-old' problem in the market

Increasingly poor age demographics in the UK will continue to hinder long-term economic growth, according to Premier Miton's Lloyd Harris, who warned the inflationary uptick a lot of investors are positioning for may not happen over the medium term.

Harris, who joined Premier Miton Investors as head of fixed income from Merian in July this year, also believes markets are overly optimistic in terms of how quickly Covid-19 vaccines will be administered and that, combined with Brexit-related uncertainty, the UK could be heading towards a "soft patch" in terms of market movements. Premier Miton's Corporate Bond Monthly Income fund's charges slashed as Merian team arrives "Following the US Election and the big vaccine rally, markets began to look overbought as investors became very, very bullish. But meanwhile, economic fundamentals w...