Why now’s a great time to buy British

Investors are glum about the prospects for the UK economy. Far too glum, says Max King. Buy in now and you’ll make a tidy return.

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At a JP Morgan Cazenove investment conference I attended in February, the audience was asked which part of the world they favoured most for equity investment. The most popular choice was "emerging markets". The least popular? The UK. After a year in which the FTSE All-Share index had underperformed the MSCI All Countries World index yet again this time by a huge 12% not one of the several hundred industry professionals present voted to back the British market.

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Max King
Investment Writer

Max has an Economics degree from the University of Cambridge and is a chartered accountant. He worked at Investec Asset Management for 12 years, managing multi-asset funds investing in internally and externally managed funds, including investment trusts. This included a fund of investment trusts which grew to £120m+. Max has managed ten investment trusts (winning many awards) and sat on the boards of three trusts – two directorships are still active.

After 39 years in financial services, including 30 as a professional fund manager, Max took semi-retirement in 2017. Max has been a MoneyWeek columnist since 2016 writing about investment funds and more generally on markets online, plus occasional opinion pieces. He also writes for the Investment Trust Handbook each year and has contributed to The Daily Telegraph and other publications. See here for details of current investments held by Max.