For years, UK equities have watched enviously as their US cousins partied on without them. But has the music finally stopped across the pond—and is it the UK’s turn to shine? In the following analysis, Sid Chand Lall, manager of the IFSL Marlborough Multi Cap Income Fund, makes the case for UK stocks’ long-overdue comeback, and shares five reasons why he believes it might just be time to board the train before it leaves the station.
The opening scene of Woody Allen’s Stardust Memories shows the main character, Sandy Bates, on a stationary train full of taciturn, downcast, blank-faced passengers. He glumly glances at a carriage on an adjacent track and realises its occupants, by jarring contrast, are having the time of their lives.
Bates accosts a conductor, claims to have boarded the wrong service and pleads to be allowed to disembark. His protests go unheeded, and he can only catch a last glimpse of the frivolity –…
