Fund Managers Warn of Overvalued UK Stocks

Hugh Yarrow, co-manager of the Evenlode UK Equity Income fund gives his 2017 outlook for the UK stock market in Morningstar. Hugh claims that the outlook for dividend growth remains relatively muted in the UK market, though much will depend on the outlook for sterling and inflation over the next few years. He further states that his focus for 2017 will be on asset-light companies with a long-run growth potential.