Which UK stocks look attractive after October's sell-off?

Nigel Beidas, co-manager of the Marlborough Extra Income fund, takes a closer look at headwinds and tailwinds for UK companies.

After a year or so of relatively quiet markets, October's sharp sell-off is likely to herald the return of more volatile conditions. This will provide further opportunities to buy into strong companies at attractive valuations. Concern about whether unconventional monetary policy will succeed in offsetting deflationary forces was one factor behind October's market falls. In the US, quantitative easing has got the economy moving again, but inflation remains below 2%. In the eurozone, deflation appears a very real possibility and Germany, haunted by memories of hyper-inflation, seems in...