Dan Kemp, CIO of EMEA at Morningstar Investment Management, explores the current investment landscape and outlines five areas of opportunity for long-term investors seeking portfolio diversification
1. UK multinational companies (FTSE 100) Kemp says UK investors are being forced to contemplate some "incredibly difficult decisions" right now. He explains: "With Brexit considered to be a major fundamental risk, nervousness has taken hold and outflows are mounting. In this regard, speculation and volatility are a valuation-driven investor's friends. "The first thing to acknowledge is that the UK economy is not the UK equity market. For example, approximately 70% of the FTSE 100's earnings come from overseas, and one must appreciate that the fundamentals of corporate Britain...
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