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Although financial gloom is everywhere and President Trump is triggering a rumpus with his ‘America initially’ method, the UK stock exchange remains unfazed.
Despite a few wobbles recently - and more to come as Trump rattles worldwide cages - both the FTSE100 and broader FTSE All-Share indices have actually been durable.
Both are more than 13 percent greater than this time in 2015 - and close to record highs.
Against this backdrop of financial uncertainty, Trump rhetoric and near-market highs, it’s difficult to believe that any outstanding UK financial investment opportunities for patient financiers exist - so called ‘healing’ situations, where there is potential for the share rate of particular companies to increase like a phoenix from the ashes.
But a band of fund managers is specialising in this contrarian form of investing: purchasing underestimated business in the expectation that gradually the market will reflect their real worth.
This undervaluation might arise from bad management leading to business mistakes
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