Investors should ignore the downbeat consensus view of the UK economy and its equities market – and instead focus on data that tells a very different story.
That was the message from former star fund manager Neil Woodford in his first major interview since 2021, which took place at Spear’s 500 Live, the annual conference from Spear’s magazine.
‘We’re very downbeat about our economy, we’re very downbeat about politics, we’re very downbeat about the state of the nation,’ said Woodford. ‘And I think many of those narratives are just fundamentally wrong.’
Woodford, who managed a combined £32 billion in assets across several funds at the peak of his tenure at Invesco Perpetual, pointed to GDP data which shows…
