Why it is no time for a 'gung-ho' approach to UK equities

Brexit continues to dominate the headlines, with the overall prognosis no clearer.

Sadly, rhetoric from the previously conciliatory European Union is becoming more assertive, suggesting discussions could go down to the wire. GAM's Gosden: The Brexit process has been too much for investors Overall, the outcome remains too difficult to call and underpins the importance of not relying on market direction to generate performance. The next few months in the UK are likely to be dominated by the 'B' word and, while we think UK equities are attractive in anything other than a no-deal scenario, we do not think there is anything to be gained by adopting a 'gung-ho' approac...