UK economy a matter of contrary interpretation for hedge managers


Managers in the UK long/short sector are split on what message the economic health of the UK is giving, and how they should construct their portfolio as a result.

Hubert van den Bergh, portfolio manager at Park Town Asset Management, says the UK equities market is over-valued, with a 60% correlation to the S&P, which is trading at a premium to the long-running average.

With fundamentals strong, interest rates rising, low dividend yields and personal debt and bankruptcies high, he says the

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: