Fidelity Special Values plc (LON:FSV) has demonstrated long-term success, delivering returns over four times higher than the FTSE All Share Index. While the UK market has shown solid performance since 2020, many investors have maintained a preference for US technology stocks. Fidelity, however, views this as a prime opportunity for investment in undervalued UK equities, which are trading at attractive levels and present significant potential as corporate earnings grow and the domestic economy improves.
For 30 years, FSV has consistently outpaced the broader market, delivering a remarkable share price increase of over 2800%, compared to just over 700% for the FTSE All Share. This track record underscores the potential of active management in capitalizing on overlooked opportunities within UK equities. While recent growth in the UK stock market has largely been driven by corporate earnings rather than a narrowing valuation gap,…
