Watch the latest Manager update video for Aberdeen Equity Income Trust, featuring Manager, Thomas Moore.

In this update, Thomas discusses the recent rebound in UK equities, noting that the initial recovery was led by large-cap stocks, as asset allocators favoured safer, slower-growing stocks. However, attention is now shifting toward small and mid-cap stocks. With a significant valuation gap between large caps and small and mid caps, investors can find opportunities offering more attractive returns at much lower valuations.

Thomas also provides an overview of the trust’s sector allocation, highlighting that the largest exposure is to financials. He talks about the avoidance of sectors like healthcare, due to regulatory risks, particularly in the US.

Watch now.