L&G's Churchlow remains positive on UK

L&G's Robert Churchlow remains positive in his outlook on the UK equity market but is steering clear...

L&G’s Robert Churchlow remains positive in his outlook on the UK equity market but is steering clear of the financials sector. The group’s head of UK equities, who employs a 25 by 4 investment style on his £108m Growth Trust, believes the UK economy will slow but that his growth-focused investment style will reap rewards. “The events in the credit markets have clearly impacted on the underlying economies,” he said. “However, we are not ultra bearish and we are not heading into a recession given that central banks have successfully staved off significant decline. “The slowing economy...