UK equities hit an all-time high this week but there’s plenty of petrol in the tank to continue fuelling this rally.
The UK equity market hit fresh highs this week and, while no-one wants to get in at the top of any market, there are many reasons to believe that this rally might only just be getting started.
With the benefit of hindsight, we would all have boosted our domestic equity holdings months ago, but some investment professionals think now still seems like a relatively opportune moment to get in on the action.
While many catalysts have converged to produce the recent rally (including an improvement in economic data, imminent rate cuts and voracious share buybacks) there are plenty more irons in the fire yet to make an impact.
FTSE 100 and FTSE All Share vs MSCI ACWI, year-to-date
Source: FE Analytics
One factor that could really move the dial would be inflows.
As Artemis Income’s Nick Shenton pointed out, the UK stock…
