What next for UK equities?
Actively managed equity funds failed to perform relative to passive mandates in 2022 according to Morningstar, but the tide could be about to turn, according to that company’s European chief investment officer Mike Coop.Coop says 2022 was driven by two "generational events", the first being the end of the low interest rates era when Russia invaded Ukraine, and the second being the end of the innovation bubble in investment markets.But while he feels those are events of unusual significance in investment markets, he feels investors can learn lessons from recent history. He...