‘Of Course I’m Going to Open a British ISA,’ Fund…

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Ollie Smith: Collecting tonight’s Morningstar Fund Award for Best UK Equity Fund is Warren Shiels from Man GLG.

Warren, I have to ask you, we’re talking unloved UK companies this week. Will you be buying a British ISA and filling it with unloved UK companies?

Warren Shiels: Without doubt, Ollie, I definitely will be. I think, from our point of view, it was quite an underwhelming budget yesterday. We thought there was a lot more opportunities to get U.K. investors investing into the UK, whether it’s through ISA investors, as you point to, or pension funds, because they’re heavily underweight UK equities. We hope there might be some changes in the future, but yeah, yesterday was very underwhelming. But I will be investing into UK equities with the new British ISA.

OS: Just very quickly – congratulations on the award – what do you think has contributed to this moment in winning the award?

WS: That’s a great question. So, I think,…

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