Five of the Best: Ways to play the UK recovery

Jon Ingram, manager of the £139m JPM UK Dynamic fund, picks five sectors he expects will continue to perform well during the equity rally, and selects his favourite stocks from each.

UK banks Ingram has a heavy underweight in HSBC and also avoids Standard Chartered, both of which benefit from buoyant markets in Asia. Excluding those banks, he holds a 2% overweight in the sector through Barclays and Lloyds. "The earning drivers for UK banks are positive - charging us more for loans while giving us less for our deposits," he said. "Given the improvement in the housing market, the demand for credit should go up, allowing Lloyds and Barclays to grow their revenues." Housebuilders Ingram is predicting the sector's stellar performance will continue, as Chancellor Ge...