Finding pockets of growth in UK markets

The UK economy continues to grow. However, ongoing wrangling over our exit from Europe and broader domestic political uncertainty has seen growth expectations reduced to a rather uninspiring 1.2% in 2019, according to official forecasters.

It is also a similar and rather subdued story globally, which has fed through into this muted earnings growth forecast across UK equity markets this year. This dynamic can be seen most acutely in FTSE 100 stocks that are more international in nature. Clearly, a reversal in the current depressed value of sterling would serve to add another headwind to those larger companies with a more global reach.  UK small cap funds 'surprise' with outperformance since Brexit vote Notwithstanding the muted economic growth backdrop, high-conviction stockpickers can find opportunities in compani...