UK fund managers split over sustainability of market rally

UK LONG/SHORT

The UK is increasingly favourable to long/short managers with less volatilityand a rising stock market.

Managers believe the current rally will continue in the mid-term unless geopoliticalincidents end it prematurely. But managers are divided over the prospects forthe recovery to be long term.

Julian Barnett, co-manager of Polar Capital UK Market Neutral Fund, believesthe UK economy will continue to improve barring major acts of terrorism or war,although there is likely to be a pull back simply be