UK Equity Markets Are More Concentrated Than You Think
From Morningstar: 2024-10-21 06:25:00
In the UK, market concentration is a significant issue, with major stocks like HSBC and Anglo dominating for years. Despite a decrease in concentration, the UK remains more concentrated than the US. This poses challenges for fund managers seeking alpha. In the US, top tech stocks are driving market performance, while in the UK, value-oriented stocks present opportunities despite high concentration levels. Both markets present unique challenges and opportunities for investors.
Read more at Morningstar: UK Equity Markets Are More Concentrated Than You Think