After a challenging 2020, the UK equity market has staged a strong rebound. The reopening of the UK economy following the successful rollout of Covid-19 vaccines and the subsequent release of pent-up consumer demand have led to increased optimism about the prospects of the UK economy.

The most compelling case for UK equities, however, is current valuations. With the clouds of Brexit-led uncertainty now cleared, combined with the more cyclical, value orientated composition of the UK market, investors are beginning to re-engage with the market.

Is the long-awaited recovery for UK equities finally here?