The current market cycle has further upside to enjoy, with the opportunity for investors to pick up "great UK companies at crazy prices" as Brexit-related uncertainty continues to dampen valuations, according to the Wise Funds' multi-manager team.
Traditional value funds feature strongly in the £52m TB Wise Multi-Asset Growth portfolio, with Aberforth Smaller Companies, Man GLG Undervalued Assets and Polar Capital Value Opportunities as the top three holdings. Wise Funds portfolio manager Vincent Ropers, who works alongside Tony Yarrow - founder of the boutique - and Philip Matthews, said while the team is neither positioned deliberately for a deal, no-deal or half-deal Brexit outcome, it is taking advantage of the "tremendous" value presented by the UK market. Given the trio's confident views, their portfolio is heavily tilted...
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