UK Investors urged to 'mind the gap' as earnings disappoint
- Date: 27/03/2014
Harry Morgan, Head of Private Investment Management (UK) discusses UK Equities with Portfolio Adviser's Editor, Gary Shepherd.
“Markets are looking for evidence that profits rose in 2013 and if this continued into 2014, which makes the upcoming reporting season ever more vital,” says Harry Morgan, head of private investment Management at Thomas Miller.
“Markets rose 20% last year, but earnings growth rose 7%. That’s three times as fast, and we would do well to ‘mind the gap’ when looking to invest.”
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