Proactive Investors - Run By Investors For Investors

Investors should beware over-exposure to UK stocks, says deVere Group

UK-based investors should avoid over-exposure to their home market amid 'Brexit' turmoil, financial adviser deVere Group says.
They should be wary of the relatively high valuation of UK stocks and the weakening economy despite the FTSE 100 hitting its highest level in more than 13 months on Tuesday, deVere's 's chief executive and founder Nigel Green said.
Green said: “The UK’s leading index briefly reached a 13-month high thanks to surging oil prices and a significant bank rally.
“However, despite this positive uptick, I would urge UK investors to avoid home bias, whereby they favour those markets with which they are most familiar.  Indeed, they should think twice about over-exposure to their home market.

Meet Manolete Partners PLC, Arkle Resources PLC, Royal Road Minerals and Neo Lithium Corp at our event, London , 04 April 2019. Register here »
View full VERE profile View Profile

deVere Group Timeline

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use