Written by Charlie Palmer on 06/01/2022

Happy New Year All....

  1. UK equities still appear cheap in my view. Although the economy may face several headwinds,FTSE100 exposure will provide value, international exposure, resources and above average yields
  2. Gilts should continue to be avoided. If fixed interest, reliable regular income, with lower capital variation is sought there are alternatives
  3. American equities look rather expensive considering valuation, index mix, interest rates, tax increases, regulation and the mid terms draw closer
  4. Continental European equities and Japanese equities appear good value, the latter as a mixture of hedged and unhedged exposure
  5. New speculative exposure to China and emerging markets may be appropriate in smaller unit size
  6. Infrastructure, selected renewables, specialist property provide low correlation, high yields and elements of inflation linking

See my January report here

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