Main menu
Edison Group
  • Home
  • Equities

    Equities

    View All Equities

    Equities by Sector

    Metals One

    MCap

    GBP2m

    Last close

    GBP0.01

    ▲ 0.15 (37.50%)

    OpGen

    MCap

    USD16m

    Last close

    USD1.88

    ▲ 0.40 (26.60%)

    Chosa

    MCap

    SEK48m

    Last close

    SEK0.67

    ▲ 0.10 (17.54%)

  • Sectors

    Sectors

  • Thematics

    Thematics

    View All Thematics

    Latest

  • Audiovisual

    Audiovisual

    View All Audiovisual

    Latest

UK stock market – Scope for further upside in UK large-cap stocks

Investment Companies

Edison Themes: UK stock market – Scope for further upside in UK large-cap stocks

The reasons why UK stocks have been out of favour with global investors for a very long time, particularly since the June 2016 Brexit vote, are well documented, and the lack of interest in UK companies has resulted in very attractive absolute and relative UK valuations. To provide some context, in 1997, UK pension funds and insurance companies owned more than 45% of the UK market. However, by the end of 2023 their ownership had fallen to 4.2%, which is a record low. With the largest 100 UK companies index recently hitting a new high, in this brief note we discuss why this is happening and whether the improvement in investor sentiment towards large-cap UK stocks can continue.

The reasons why UK stocks have been out of favour with global investors for a very long time, particularly since the June 2016 Brexit vote, are well documented, and the lack of interest in UK companies has resulted in very attractive absolute and relative UK valuations. To provide some context, in 1997, UK pension funds and insurance companies owned more than 45% of the UK market. However, by the end of 2023 their ownership had fallen to 4.2%, which is a record low. With the largest 100 UK companies index recently hitting a new high, in this brief note we discuss why this is happening and whether the improvement in investor sentiment towards large-cap UK stocks can continue.

Latest

insight

October 2024 Edition of Edison Insight

Investment Companies | insight

Q: How did HgT generate consistent long-term returns in the digital economy?

Investment Companies | insight

Inside the mind of investors

insight

September 2024 Edition of Edison Insight

insight

August 2024 Edition of Edison Insight

Edison Growth Conference kicks off to resounding success

Continue Reading

Subscribe to Edison

Get access to the very latest content matched to your personal investment style.

Sign up for free