Crux's Penny on the dichotomy of the UK market

Given we are in such a protracted period of uncertainty, with Brexit continuing to dominate news headlines, avoiding the UK is perhaps a natural response.

While we do not know the outcome of the Brexit process and would not pretend to, it does seem that investors are being rewarded for taking on risk with UK equities.  Some economic strategists have suggested the UK market would be valued 20% to 25% higher than today's level if Brexit uncertainty were not a factor. The uncertainty of Brexit has led to predictable behaviour from investors with most reducing weightings to the UK - globally, investors currently hold a historic underweight in the UK as a result. CRUX launches UK Special Situations fund for Penny Those that remain exposed...