Lots of reasons this is so much down19 Jun 2025 17:05
1 A lot of rubbish is flying. This cannot compete with stocks that are up 250% in a day. We are in the every sub penny is worth ten pence times.
2 one of the UK’s biggest pension funds plans to massively cut its allocation for UK equities.
The Edinburgh-based business, which manages as much as £72bn in pension assets, intends to slash the UK equities allocation in its highest growth portfolio from 12 per cent to as little as 4 per cent, the FT reports, while its most conservative portfolio will see the UK allocation cut from 4 per cent to just one per cent.
The move will see billions pulled out of London’s public markets over the coming months.
So watch UK equities struggle....Done nothing in years.
3 Resource stocks are so out of fashion....
I dont care much. I am looking for 2.4/5 to add but we could see 2p. There will be a rally soon.