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BlackRock: UK stocks will keep underperforming

World's largest asset manager says Brexit transition deal won’t help much, and the UK market’s unique makeup is another challenge

BlackRock: UK stocks will keep underperforming

British stocks are likely to keep underperforming after stumbling so far this year, according to BlackRock’s global chief investment strategist, Richard Turnill, MarketWatch reports.

The country’s equity market has endured “a poor start to 2018” and “underperformed global markets for much of this decade,” and investors shouldn’t count on an improvement, Turnill wrote in a note this week.

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