INVESTORS SHOULD BE LOOKING TO HOLD MORE UK EQUITIES
Many UK equities have made a sudden resurgence in terms of economic growth, with one expert describing such equities as having turned from ugly ducklings into swans.
UK equities suffered from falling confidence in the market and increased pessimism a few years ago, with headlines often declaring ‘Britain is consigned to three years of ‘anaemic’ economic growth.’ However, investors may be able to yield strong profits from global economic trends by investing in domestically focused stocks in the UK, and can properly time their investments to profit from the UK economic recovery. Current estimates for GDP growth in the UK are being increased, as experts confirm the UK is the fastest growing economy in Western Europe.
Patrick Phelan, Managing Director of Aquaterra Energy, said: “With fund managers giving a positive outlook for the future of UK investments, the forecast for the UK economy looks increasingly promising. Engineering and manufacturing, in particular, are buoyant and job vacancies have tripled in the past year.
“This is great news for all UK companies, particularly for those like Aquaterra Energy which have continued to invest in engineering innovation offshore and in the human capital in our offices to enable us to deliver as the economy rebounds. Skills shortages will inevitably continue and threaten to hamper growth but we are in the best possible position to be able to deliver for our clients.”