Michael Murray: Blood is flowing in the markets, but opportunity knocks
Not least for British Land and Land Securities
By any standards, uncertainty in the British and European markets is elevated.
Brexit initially hit the Irish and British stock markets hard. For brave euro-denominated investors though the combination of the fall in the market and the fall in the value of sterling presented value opportunities.
I bought into Provident Financial in the aftermath of a sharp fall in both the currency and the company’s shares. A 22 per cent uplift in the ...