UK stocks are outperforming the U.S., one CIO says they look ‘cheap’

UK stocks are outperforming the U.S., one CIO says they look ‘cheap’

U.K. stocks are finally turning a corner after years of underperformance, according to one chief investment officer, who stressed that valuations are looking “very cheap.” The U.K. FTSE 100 is up around 11% over the last three months, while the broader FTSE 250 index is more than 9% higher. In comparison, the U.S.’ S&P 500 … Read more