M&G launches Orbis fund to tap UK stock bargains

Source: investorschronicle.co.uk

M&G Investments has partnered with Orbis Investment Management to offer UK investors access to a global equity fund with a strong focus on British stocks. The fund targets high-quality UK companies trading at discounts due to low US investor interest. It matters because it could signal renewed confidence in UK equities, providing diversification for savers wary of US-dominated markets.