'Price versus value': The answer to why the stock market is wrong, so often

The UK has dealt with a number of challenges in recent years, not least of all a historic referendum resulting in the UK taking its first steps to exiting the European Union last year.

Partner insight The pessimism directed towards the UK during this period has also been endured by equity markets which, have responded with a mixture of knee-jerk declines and unsupported rallies. It is during these periods of speculation and guesswork that understanding the true relationship between a stock's ‘market' and ‘intrinsic' value becomes essential in order to deliver returns. Matthew Tillett, manager of the Allianz UK Opportunities fund, looks to do just this. His strategy identifies mispriced securities in the UK market by analysing the difference between stock price and i...