UK - Now that the traditionally heavy February/March reporting season is over and, generally, companies fulfilled what were low expectations after last year's slowdown, Schroders says there are now some grounds to be more optimistic.
Humphrey van der Klugt, manager of the Schroder UK Equity Fund said many companies used the opportunity to take heavy restructuring charges, or 'kitchen sink'. He said: “I am reasonably confident ...
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