Fund manager says UK smaller company valuations are ‘artificially depressed’
Thursday 29 Aug 2019 Author: James Crux
Truly long-term investors with a 10-year time horizon should see issues such as Brexit as opportunities, according to Matt Cable, manager of the Jupiter UK Smaller Companies Fund (B3LRRF4) . Valuations for many UK smaller companies are ‘artificially depressed’, he says, meaning Brexit clouds do have a silver lining for stock pickers seeking to buy quality companies at attractive prices. Cable points out that since 1955 the Numis Smaller...