{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/a4c5de36-8260-4222-8e38-ff997dc73436/666c438b95cd170012c500c5?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"We’re at the early stages of a UK equity surge: Guy Anderson of Mercantile Trust","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/61b9b44742e856e989985776/1718371199177-e17c95aeec903989bb0f99eff22b5cb9.jpeg?height=200","description":"<p>Guy Anderson, fund manager of Mercantile Trust, joins Val Cipriani on the latest IC Interviews podcast. The trust is run by JP Morgan and is built on a bottom-up approach, focusing on quality UK mid-caps with strong cash flows that will accumulate dividends over time.&nbsp;</p><p><br></p><p>In this episode, the two discuss the drivers behind the trust’s success and investment process, opportunities in the UK stock market, M&amp;A activity and more. </p><p><br></p><p><strong>Timestamps</strong></p><p>00:58 UK mid-caps</p><p>4:28 The UK stock market</p><p>8:13 Red flags for gearing</p><p>10:20 - The metrics that sound out when picking a stock&nbsp;</p><p>12:23 - Sectors that stand out and opportunities&nbsp;</p><p>15:20 - The risk of getting the recovery wrong&nbsp;</p><p>17:16 - 4imprint&nbsp;</p><p>20:44 Why exposure to housebuilders has gone up</p><p>28:24 AI</p><p>30:49 M&amp;A activity&nbsp;</p><p>35:47 Dividends&nbsp;</p><p>38:02 The trust’s approach to discounts</p><p><br></p><p><br></p>","author_name":"Investors' Chronicle"}