Ultimately, a push to focus on the fundamentals of companies in markets appears to be an overarching theme.
Examining the underlying data has led M&G Investments macro fund manager Steven Andrew to confirm he would add to UK positions if the numbers added up.
“As time passes, market attention will refocus, eventually, on fundamentals,” he said. “Appraising the UK investment landscape in this context suggest to us that equity assets remain attractively priced – especially in the context of a robust UK and strengthening global economy.”
Columbia Threadneedle’s head of UK equities Richard Colwell also hasn’t given up his hopes in the UK saying the outlook for the UK “is more measured and we will be looking for selective buying opportunities”.
So, where to look for those stocks or sectors? Skerritts’ head of investments Andrew Merricks has sung the praises of his investments in “drugs robots and hackers” in biotech, cyber security and robotics which were up more than 2% on Friday morning.
He said: “We will continue to invest in a sensible way into areas that, yes, can be volatile, but which make sense in an increasingly nonsensical world.”
