In the first of a three-part series, Slater Investments' Mark Slater shares his views on the upcoming general election and details how he finds growth at a reasonable price.
The UK stock market is “on sale” and could enjoy a bounce if the Conservative Party win a majority at the upcoming general election, argues Mark Slater, manager of the Slater Income, Slater Growth and Slater Recovery funds.
A Tory win would be more welcomed by markets than a Labour victory, he adds; and the prospect of a Jeremy Corbyn-led Labour government is, in his opinion, a bigger risk than Brexit uncertainty.
The latter has been a cloud over the UK stock market over the past three and a half years, resulting in both domestic and international investors shying away from the UK. On that front, Slater argues that a catalyst to remove the UK’s “unloved” tag could come from a majority Conservative government that then follows through with its Brexit plans.
Elsewhere, Slater runs through the main qualities and attributes he looks for to find great growth businesses, without overpaying.
These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided by third parties. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.
Full performance can be found on the company or index summary page on the interactive investor website. Simply click on the company's or index name highlighted in the article.