As the dust settles from Labour’s first budget in 14 years, George Godber and Georgina Hamilton, managers of the Polar Capital UK Value Opportunities Fund, assess its potential impact on the UK economy and the portfolio.
Unlocking continued GDP growth and falling cost of capital are key to driving a rerating of UK equities. George and Georgina explore which elements of the budget could help or hinder this scenario, as well as how the Fund is positioned to benefit via its overweight to the FTSE 250 and its considerable exposure to Infrastructure, Banks and other financials.
As the dust settles from Labour’s first budget in 14 years, George Godber and Georgina Hamilton, managers of the Polar Capital UK Value Opportunities Fund, assess its potential impact on the UK economy and the portfolio.
Unlocking continued GDP growth and falling cost of capital are key to driving a rerating of UK equities. George and Georgina explore which elements of the budget could help or hinder this scenario, as well as how the Fund is positioned to benefit via its overweight to the FTSE 250 and its considerable exposure to Infrastructure, Banks and other financials.
George joined Polar Capital in April 2017 to manage the Polar Capital UK Value Opportunities Fund with Georgina Hamilton. Prior to this, George managed the CF Miton UK Value Opportunities Fund and the Miton Undervalued Assets Fund at Miton Group.
Previously, George co-founded Matterley Asset Management in 2008 and was co-manager of the group’s Undervalued Assets Fund. Before founding Matterley, George was a Director of Equity Sales at Credit Suisse.
Georgina Hamilton, CFA
Georgina joined Polar Capital in October 2016 to set up the UK Value Team. Prior to this, she was with Miton Group where she managed the CF Miton UK Value Opportunities Fund and the Miton Undervalued Assets Fund.
Previously, Georgina was a lead analyst for the Undervalued Assets Fund at Matterley Asset Management. Georgina holds a double first in Biological Anthropology and Natural Sciences from Jesus College, Cambridge and is a CFA charterholder.
