Despite the doom and gloom of recent years the outlook for UK smaller companies is starting to finally look more positive.
Recently released revised UK GDP figures from the Office for National Statistics (ONS) showed by the end of 2021 the UK economy was 0.6% larger than prior to the pandemic. Previously the figures had shown that the UK economy was 1.2% smaller.
This positive news about the robustness of the UK economy has been well received and has affirmed what we have observed and heard from the companies we speak to.
Fidelity Special Values PLC (LON:FSV) aims to seek out underappreciated companies primarily listed in the UK and is an actively managed contrarian Investment Trust that thrives on volatility and uncertainty.