Columbia Threadneedle

Firms likely to re-rate, says Columbia Threadneedle's Davies

Firm's first value assessment report

'Policy and action' needed

'Exciting sector'

Last year's contraction of manufacturing and industrial output was the third of the current economic cycle, influenced by dollar strength, the trade war, and the impact of strikes at General Motors and the grounding of the Boeing 737 Max.

Since the 2016 EU referendum, the UK equity market has felt like the land that time forgot. Greater clarity over Brexit and UK politics should not only spur an immediate stock market rally but also encourage a longer-lasting reappraisal of UK-listed companies.

Maintains OCF

37% of the demands have been successful

Muted equity returns to define the 2020s

Cash levels remain elevated