In the immediate aftermath of the 2016 referendum, investors would have baulked at the idea of a hard Brexit; three long years later, gasping for any resolution to the tortured political process, they welcomed the certainty provided by an emphatic victory for Boris Johnson’s Conservative Party. The gloom finally started to lift for UK shares.
With just 10 days to go until the 2019 general election, opinion polls are pointing to the Conservative Party securing a majority government – a prospect the UK stock market seems to also be pricing in, with the FTSE 250 index hitting a 15-month high last week.
There are various ways whereby self-directed investors can tilt the odds of stockmarket success in their favour. Three sensible rules as a starting point are to invest for the long term, drip-feed money into the market to benefit from pound-cost averaging, and keep a close eye on charges for both the funds held and the broker fee that is also levied.
While large cap US valuations are rich, small businesses owner sentiment suggests small caps still offer value.
Neil Hermon at Janus Henderson outlines why investing in smaller firms can be more lucrative than in large ones.
Marina Gerner talks to co-manager Douglas Lawson of TB Amati UK Smaller Companies about the shares he has been trading recently.
Cast your nets further down the market cap spectrum, say James Henderson and Laura Foll of Lowland Investment Company.
Marina Gerner hears how fund managers investing in smaller technology companies identify those with the potential to realise stellar returns.
This trust underperformed in 2016, but has good numbers over the long term.
Miton’s Gervais Williams believes the bigger picture has hardly changed since the vote to leave the EU.