Despite unease surrounding the UK's exit from the European Union Paul Spencer sees opportunities in the UK mid-cap space for long-term investors...
As some might expect, appetite for UK mid-cap stocks has suffered as investors try and digest the impact of various Brexit scenarios. However, we believe that uncertainty about the UK's future could present opportunities for long-term investors. This is already evident in the wide differential between modestly rated UK stocks and more highly rated overseas shares. It would become even more valid if there were a knee-jerk reaction similar to the one that occurred in the immediate aftermath of the Brexit vote in June 2016. With around 55% of the FTSE 250 operating profits derived fro...
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