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Commenting on how the UK economy has seen its weakest year-on-year growth since 2013 PDF Print E-mail
Wednesday, 04 October 2017
Commenting on how the UK economy has seen its weakest year-on-year growth since 2013, Michael Stanes, Investment Director at Heartwood Investment Management, said: “Heartwood continues to take cautious approach to UK assets, being short duration in UK gilts, underweight UK property, underweight UK equity and diversifying some of our currency exposure outside of the UK. While Brexit has added to the uncertainty, high levels of consumer debt, an unstable political backdrop (even pre-Brexit referendum) and substantial twin deficits as a result of the unbalanced economy have been reason enough for this long-held view.” 
 

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